In the wee hours of Monday morning, the Hacker who was responsible for the theft at Euler Finance finally handed over the remaining sum of $31 million, marking the successful completion of the recovery efforts. The decentralized lending platform was the target of a flash loan attack on March 13, which resulted in the platform … Read more
The cryptocurrency market was jolted earlier this month by a massive hack using decentralized finance (DeFi), which resulted in the hacker’s theft of approximately $200 million by compromising the Euler Finance protocol. But, according to the most recent information (1) available, the hacker has now been releasing portions of the monies. https://twitter.com/dcfgod/status/1640419007823003673 According to data … Read more
The industry for decentralized finance (DeFi) was shaken up by yet another significant attack during the last week of March. The hack on the DeFi protocol Euler Financial, which resulted in the loss of an enormous $196 million, is now the largest DeFi hack that has occurred in 2023. When investigating the specifics of the … Read more
As the decentralized lending protocol, Euler Finance attempts to recover from Monday’s $196 million hack, and it is leaving no stone left in its investigation. For the past two days, the Ethereum-based noncustodial lender has communicated with the hacker via several on-chain messages to negotiate a settlement with them. The conversations, on the other hand, … Read more