Euler announced a $1 million bounty for any information about the hacker after attempts at finding a middle ground failed.to Euler on 20 March, the hacker said they now want to “come to an agreement” with the lending protocol.DeFi protocols have witnessed remarkable growth since 2021, with funds deposited on their smart contracts increasing by leaps and bounds.
However, with the expansion in liquidity, they have also managed to grab the attention of unscrupulous players., the total value hacked at the time of writing was $6.45 billion. DeFi protocols lost more than $3 billion in 2022, which was the worst year on record. While there was a considerable lull during the months of December and January, hackers returned to deal a severe blow to the DeFi industry.
In February, seven protocols were attacked, which led to $21 million of funds being stolen. One of the biggest was the flash loan reentrancy attack on Platypus Finance where hackers managed to siphon off $8.5 million.Notably, 16% of the hacks were attributed to the compromise of private keys. And nearly 8% of the funds were hacked when the protocols fell victim to access control exploits.Subscribe to get it daily in your inbox.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jack Mintz: Message to Finance Minister Chrystia Freeland: No need to raise taxesCanadians facing stubbornly high inflation need a break from governments that raise taxes to make up for their ineptitude. Read more. fpcomment Everybody should know by now corruption doesn't come cheap fpcomment We had just enough this bs! Canadians should stop paying taxes all together and bankrupt this govt ! fpcomment we must raise taxes for our new country Ukraine right freedumb?
Source: nationalpost - 🏆 10. / 80 Read more »
Alberta Finance Minister Travis Toews announces he won’t run for re-election in MayToews did not elaborate on his reasons for not running but says he remains deeply committed to the UCP and the conservative movement As I have mentioned, the Political Avalanche is just beginning. Who in their right minds wants a job where you can do nothing right? Criticism & condemnation are rampant resulting in a self life that can never exceed you elected term. So line up, Victims.
Source: globeandmail - 🏆 5. / 92 Read more »
Finance Minister Travis Toews not running in May electionAlberta Finance Minister Travis Toews has announced he will not be running in the upcoming election this May.
Source: calgarysun - 🏆 63. / 52 Read more »
Alberta Finance Minister Travis Toews announces he won't run for re-election in MayAlberta Finance Minister Travis Toews announces he won't run for re-election in May abpoli ableg abgov Too bad….I thought he was not of the wacky mindset of extreme conservatives…
Source: calgaryherald - 🏆 64. / 52 Read more »
Alberta Finance Minister, Environment Minister not running for re-electionTravis Toews and Sonya Savage, who are leaving politics, were closely aligned with former Alberta Premier Jason Kenney Don’t blame him. The ucp was a S,,, show from the beginning. Kenney conned the “ not so smart” righties into believing he knew what he was doing. They canned him for incompetence before the end of his term. Now they are left with a washed up ex radio host.
Source: globeandmail - 🏆 5. / 92 Read more »