Euler Finance's offer to hacker: Keep $20M or face the law

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Euler Finance's on-chain message to its hacker was clear: Send the funds or watch your back.

“We understand you are responsible for this morning’s attack on the Euler platform,” it read. “We are writing to see whether you would be open to speaking with us about any potential next steps.”

The request for a 90% fund return would see the hacker send back $176.4 million while holding onto the remaining $19.6 million. However, many observers have noted that the hacker has very little to no incentive to follow through with the deal.Although, they could easily be state actors and aren’t really worried about low levels feds.

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:

 /  🏆 562. in US
 

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

0xbeaconglobal nice

Notrh korean hackers:

United States United States Latest News, United States United States Headlines

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

Euler Finance blocks vulnerable module, working on recovering fundsSherlock noted that the Euler audit by WatchPug in July 2022 missed the critical vulnerability that eventually led to the exploit in March 2023. auditors are all joke $HAI hackenclub hackenai ...🤩🤩 UnilayerNetwork provides a native way for different blockchains to communicate, share liquidity and help each other improve, facilitating mutual compatibility and progress. Learn more on this Twitter space
Source: Cointelegraph - 🏆 562. / 51 Read more »

Euler Finance To Offer $1M Reward as It Reels From Nearly $200M ExploitDecentralized lending protocol EulerFinance said it will offer a $1 million reward for information about its attackers unless 90% of the funds are returned within 24 hours. By shauryamalwa eulerfinance shauryamalwa $jup eulerfinance shauryamalwa 1M that is nice he will be thinking about it if he delivers don't forget to send me half a million I'm OK with that not 1M is to much for me. eulerfinance shauryamalwa Lol that’s not how you negotiate. Hackers will laugh their asses off now
Source: CoinDesk - 🏆 291. / 63 Read more »

Euler Finance hacked for over $195M in a flash loan attackEuler Finance is currently under a flash loan attack and the exploiter has managed to drain nearly $196 million in DAI and various other ERC-20 synthetic tokens. perfect! Shit like this is why crypto struggles with broader adoption. 🧐
Source: Cointelegraph - 🏆 562. / 51 Read more »

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 👀
Source: TheBlock__ - 🏆 464. / 53 Read more »

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.
Source: CryptoPanicCom - 🏆 563. / 51 Read more »

Hackers Pillage $197 Million in Crypto From Euler Finance2023 is off to a rough start for the web3 world as another couple hundred million in assets goes up in smoke amid a bankruptcy panic.
Source: Gizmodo - 🏆 556. / 51 Read more »