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” Euler Finance hacker starts returning stolen Ether “ The recent attack that drained $197 million from Euler Finance was dubbed the biggest decentralized finance (DeFi) hack of 2023 so far. However, this may not hold for much longer as the hacker reportedly had a change of heart. On March 18, roughly 3,000 Ether (ETH)…
” DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined “ Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The DeFi ecosystem was once again an exploiter’s paradise this past week as lending…
” BitGo patches critical vulnerability first discovered by Fireblocks “ Cryptocurrency wallet BitGo has patched a critical vulnerability that could have exposed the private keys of retail and institutional users. Cryptography research team Fireblocks identified the flaw and notified the BitGo team in December 2022. The vulnerability was related to BitGo Threshold Signature Scheme (TSS)…
” Euler Finance hacked despite 10 audits in 2 years, says CEO “ Ten separate audits conducted over a two-year period of the Ethereum-based lending protocol Euler Finance deemed it to be “nothing higher than low risk” and having “no outstanding issues” prior to it suffering from a $196 million attack. In a series of…
” Euler hacker seemingly taking their chances, sends funds to crypto mixer “ The hacker responsible for the $196 million attack on Euler Finance has begun moving funds into crypto mixer Tornado Cash, only hours after a $1 million bounty was launched to uncover the hacker’s identity. Blockchain analytics firm PeckShield tweeted on March 16…
” Euler Finance blocks vulnerable module, working on recovering funds “ Decentralized finance (DeFi) lending protocol Euler Finance became a victim of a flash loan attack on March 13, resulting in the biggest hack of crypto in 2023 so far. The lending protocol lost nearly $197 million in the attack and impacted more than 11 other…
” Euler attack causes locked tokens, losses in 11 DeFi protocols, including Balancer “ Contagion from the Dec. 12 flash loan attack against Euler has spread far and wide, resulting in frozen or lost funds for 11 different decentralized finance (DeFi) protocols, according to Dec. 13 reports from each of them on Twitter. Balancer, an…
” Euler Finance hacked for over $195M in a flash loan attack “ Ethereum-based noncustodial lending protocol Eurler finance faced a flash loan attack on March 13, with the attacker managing to steal millions in Dai (DAI), USD Coin (USDC), staked Ether (StETH) and wrapped Bitcoin (WBTC). According to on-chain data, as per the last…
” OpenSea patches vulnerability that potentially exposed users’ identities “ Nonfungible token (NFT) marketplace OpenSea has reportedly patched a vulnerability that, if exploited, could expose identifying information about its anonymous users. In a Mar. 9 blog, cybersecurity firm Imperva detailed how it discovered the vulnerability which it claimed could deanonymize OpenSea users “by linking an…
” What is ethical hacking, and how does it work? “ Ethical hacking, also known as “white hat” hacking, is the process of identifying and exploiting vulnerabilities in a computer system or network in order to assess its security and provide recommendations for improving it. Ethical hacking is done with the permission and knowledge of…