Is Hacked Euler Finance About to Get Its $197M Back? | CoinMarketCap

  • 📰 CoinMarketCap
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

cryptonews: The hack of crypto lender Euler Finance seems not to have been North Korean hackers after all. 😐

A Bounty and a MisdirectionHaving first offered to let the hackers keep $20 million and avoid prosecution if they returned the rest within 24 hours, Euler on March 15 issued a bounty:

That was followed by news that $170,000 of the Ether stolen had been sent to a wallet address that had received funds from the Poly Network hack. And, some of the funds used to launch the attack had been run through the Tornado Cash mixing service that was placed under U.S. sanctions after extensive use by the Lazarus Group.

But, citing the small size of the transaction, Chainalysis warned that "it's possible that this movement of funds was an attempt at misdirection by another hacking group."While Poly Network's hacker apparently began working with the project as a security consultant, it's worth noting that the Euler Labs offer of no prosecution won't mean much.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

lovely

The new world 🗺️ currency LUNC TerraClassic

👍 bTwitFi

2

👍 bTwitFi TwitFi

layer3xyz's CryptoSafety series!

Th­e b­ig­g­e­s­t g­i­v­e­a­wa­y i­n th­e h­i­s­t­o­­r­y o­­f t­­h­e ­c­r­y­p­t­o­c­o­­m­m­u­n­i­t­y!! ^^) ­ 😊 ☝️ ☝️

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:

 /  🏆 290. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

$200M Euler Finance DeFi Exploit May Have Been North Korea's Lazarus Group | CoinMarketCapThe decentralized finance project was hit for $197 million by a flash loan attack that worked through the North Korean-favored Tornado Cash mixer sanctioned by the U.S. Treasury last year. Don't be fooled, it's most likely our government pretending that foreign countries did it. More money laundering. This seems to happen quite a bit and this way nobody is held accountable. Thanks a millon, Lol first comments I've seen are hackers or scammers. Be safe out there more traps than a mario game!
Source: CoinMarketCap - 🏆 290. / 63 Read more »

Euler Finance to enter talks with exploiter over the return of fundsEuler is now hoping to reach an agreement in private with the hacker who exploited $196M funds from an Euler smart contract after a series of on-chain messages suggests that the hacker wants to return the funds and reach an agreement. This past few months I must say has been the best I've had for a while now. I've heard of crypto but was too scared to get involved until I met anthonybouc1 who helped me understand the pros and cons of crypto trading which I've earned over 1BTC from the market. Hello Friends! I receive USDT Donations in my wallet 0x48855af214feeccd6e0b6944310c675d5df1c3bb RED Ethereum ERC20 THANK YOU 😊 GOD BLESS YOU AND MULTIPLY Can't wait for Euler to give the infamous flash loan exploiter the wave of approval they obviously deserve. 🙄
Source: Cointelegraph - 🏆 562. / 51 Read more »

Euler Finance Exploiters Willing to Return All Stolen FundsEuler Finance exploiters are willing to communicate and reach decision to refund stolen sum
Source: Utoday_en - 🏆 295. / 63 Read more »