Cryptocurrency [loss] $197,600

Tweet by SlowMist

2025-01-12 [vendor] UniLend [chain] ethereum
Primary Source ↗
Financial Loss $197,600 (197,600 USD)
Blockchain(s) Ethereum

Incident Details

The UniLend project, which advertises itself as a “unified platform for all things AI and defi”, was exploited for almost $200,000. An attacker was able to take advantage of a bug in a smart contract that handled token redemption.UniLend acknowledged the hack, downplaying it as affecting “only” 4% of the platform’s $4.7 million TVL. They offered a bounty to the attacker.

Total loss estimated at $197,600.

Technical Details

Initial Attack Vector
AI-assisted attack or AI-generated exploit
Vendor / Product
UniLend

Timeline

  1. 2025-01-12 Breach occurred
  2. 2025-01-12 Publicly disclosed