Euler Finance opens redemptions after hacker returns funds
The Ethereum lending protocol was exploited in a $197 million flash loan attack in March.
Auto Added by WPeMatico
The Ethereum lending protocol was exploited in a $197 million flash loan attack in March.
A new NFT warranty service says that protecting collectible digital assets of value can help provide “a sense of security and trust” and encourage new users.
The exchange said that all deposits and and withdrawals are temporarily suspended as it performs emergency server maintenance.
Terra users are losing another round of funds due to a breach on the new DeFi platform Terraport Finance, which launched on March 31.
Only users who have traded on the decentralized exchange in the last four days are apparently affected.
The Euler Finance exploit was the largest of Q1 2023, and the risk of a similar attack on other protocols remains.
Crowdstrike and Kaspersky found an infection in a communications app that delivered a backdoor, but deployed it only a few times.
Twenty-three days after the hack, on April 4, Euler Finance announced the total possible recovery of the lost funds, thus ending the $1 million bounty.
A report from app provider De.Fi showed losses from theft down in Q1 2023 compared to last year, along with recovery of funds; Euler accounted for a huge share of…
Bridge protocols LayerZero, Celer, Wormhole, LiFi, and others have already committed to implementing the new protocol.