Tags : Euler


Blockchain

‘No Intention of Holding What Is Not Ours,’ Euler Finance

On Monday, the hacker behind final week’s almost $200 million assault on Euler Finance despatched a message to an Ethereum tackle linked to the DeFi platform, providing to start a dialogue after Euler issued an on-chain ultimatum demanding the return of the funds. “We wish to make this straightforward on all these affected. No intention […]Read More

Bitcoin

How Damaging Was the Euler Hack to DeFi’s ‘Cash Legos’

Decrypting DeFi is Decrypt’s DeFi e mail e-newsletter. (artwork: Grant Kempster) DeFi confronted its very personal contagion occasion this previous week after Euler Finance was drained of almost $200 million through six flash loans and a vulnerability. It was a significant blow to the sector; Euler had been seen as the subsequent nice constructing block after Compound […]Read More

Litecoin

Euler Points On-Chain Ultimatum to Hacker in Bid to Get

A day after DeFi platform Euler Finance was hacked for almost $200 million, the corporate despatched a message to the thieves in a really DeFi method: on-chain. “If 90% of the funds aren’t returned inside 24 hours, tomorrow we’ll launch a $1M reward for info that results in your arrest and the return of all […]Read More

Ethereum

EUL token down 52% after the $200 million Euler protocol

Hackers stole nearly $200 million from Euler protocol on Monday. USDC accounted for a majority of the stolen tokens. Euler Labs is at the moment working to get well the funds. Euler protocol is dealing with a distinct risk from the crypto agency collapses, crypto lawsuits, and crypto-related financial institution shutdowns which have plagued the […]Read More

Cryptocurrency

DeFi Lender Euler Finance Drained of $197M In Flash Mortgage

Decentralized finance (DeFi) platform Euler Finance has reportedly suffered an exploit of roughly $196.9 million, per audit platform BlockSec. The attacker nabbed $8.7 million within the decentralized stablecoin DAI, $18.5 million in Wrapped Bitcoin (WBTC), a whopping $135.8 million in Staked Ethereum (stETH), and one other $33.8 million in Circle’s USD stablecoin USDC. Euler Finance […]Read More

Bitcoin

Euler Labs COO: DeFi Lending ‘Duopoly’ of Compound and Aave

Euler Labs COO: DeFi Lending ‘Duopoly’ of Compound and Aave Invitations Competitors Brandon Neal, COO of Euler Labs, instructed Decrypt’s Liam Kelly and Stacy Elliott in our Decrypting Mainnet sales space at Messari Mainnet 2022 about how Euler approached the Ethereum merge, the way to onboard extra folks into crypto and DeFi, and the way […]Read More