Hackers Pillage $197 Million in Crypto From Euler Finance

, which refers to itself as a team of software engineers “specialising in the research and development of financial applications,” is the developer behind a “capital-efficient permissionless lending protocol” that the company says helps users “earn interest on their crypto assets or hedge against volatile markets without the need for a trusted third-party.

One of the first to spot the attack was Peckshield, a blockchain security company that is known for flagging irregular asset transfers. On Monday, Peckshield tweeted out a link showing abnormally high transfers from Euler:: “We are aware and our team is currently working with security professionals and law enforcement.”: “We continue to investigate this morning’s unlawful extraction of funds from the Euler protocol.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Euler Finance flash-loan attacked for an estimated $197 millionLending protocol Euler Finance was hit by a flash-loan attack, resulting in the loss of $197 million in various crypto assets. Bitcoin's CEO: Thats why you never must trust third party 👀
Fuente: TheBlock__ - 🏆 464. / 53 Leer más »

Euler Finance flash-loan attacked for an estimated $197 millionLending protocol Euler Finance was hit by a flash-loan attack, resulting in the loss of $197 million in various crypto assets.
Fuente: CryptoPanicCom - 🏆 563. / 51 Leer más »

Data management company to pay $3 million in settlement with feds over 2020 ransomware disclosuresBlackbaud Inc., which sells donor data management software to nonprofits, agreed Thursday to pay the Securities and Exchange Commission $3 million in a settlement regarding disclosures of a 2020 ransomware attack.
Fuente: WashTimes - 🏆 235. / 63 Leer más »