a stern warning to the hacker who stole $200 million of users' funds by using flash loan attacks on the protocol. The team behind Euler Finance has announced that it is ready to put up a $1 million bounty on the hacker for any information that will lead to the arrest of theThe announcement comes after Euler Finance was exploited for $197 million in stETH, wstETH, WBTC, USDC, DAI and WETH. After the hacker's withdrawal, the protocol was left with very few tokens.
1/10 The recent exploit of Euler protocol caused the loss of $197M worth of stETH, wstETH, WBTC, USDC, DAI, and WETH. Let's examine the initial red flags of the exploit and how it was executed by using the Risk Radar for Euler:
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