Euler Finance hacker starts returning stolen Ether
Chances that the hacker will return the entire loot of $197 million remain slim, as no more outbound transactions — other than the 3,000 ETH — were recorded at the…
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Chances that the hacker will return the entire loot of $197 million remain slim, as no more outbound transactions — other than the 3,000 ETH — were recorded at the…
DeFi suffered its biggest attack this year with a flash loan attack on crypto lending platform Euler Finance and the hackers are belived to be same that exploited a BSC…
Euler is working with law enforcement agencies and blockchain security firms to contact the exploiter and recover the funds.
On March 8, Euler had over $311 million in crypto locked inside its smart contracts. Its total value locked has since fallen to $10.37 million.
French police arrested two individuals in connection with the Platypus exploit in the month of February.
Developers face tradeoffs between making bridges upgradeable to fix bugs versus making them decentralized.
The French police have arrested two suspects and seized 210,000 euros worth of crypto in connection with the Platypus exploit.
DeFi market saw another exploit this past week on the Platypus protocol, resulting in a loss of over $8 million.
DeFi protocol Platypus seeks to return nearly 78% of the main pool funds by reminting frozen stablecoins.
No customers' funds or information were impacted, according to the company. Coinbase's engineering team believes the attack is associated with a sophisticated phishing campaign.