Euler Finance

On March 13, according to the monitoring of 0xScope Protocol, some projects and the address of whales were affected in the Euler Finance attack, including: Interpretation of this information: On March 13, the 0xScope Protocol detected an attack on Euler Finance, which impacted several projects and a few whale addresses. The specific details of the attack are not known, but it has led to concerns about the security of DeFi projects and the potential for such attacks to cause significant financial losses. Euler Finance is a relatively new DeFi project…

According to PeckShield’s analysis, Euler Finance was used in a series of transactions on Ethereum (hacker transaction address) due to its logical flaws in donation and liquidation, resulting in a loss of about 197 million dollars. Specifically, DonateToReserves needs to ensure that donors still have excess collateral, and liquidation needs to ensure the “correct” conversion rate from loans to mortgaged assets. In addition, two hackers participated in the attack: 0x5F2… 8B8c and 0xBcA… 7c5C. Interpretation of this information: PeckShield, a blockchain security company, has stated that Euler Finance, a decentralized…

On March 13, according to the monitoring of 0xScope Protocol, some projects and the address of whales were affected in the Euler Finance attack, including: Interpretation of this information: The message above describes an attack on Euler Finance that occurred on March 13. The monitoring of 0xScope Protocol detected that some projects and the addresses of whales were affected. Euler Finance is a decentralized finance (DeFi) platform that uses smart contracts to automate transactions and calculations. The attack likely targeted the platform’s smart contract, resulting in the loss of funds…

It is reported that according to PeckShield monitoring, Euler Finance attackers have begun to transfer stolen funds to Tornado Cash, and at least 100 Ethereum have been transferred through the address beginning with 0xc66d. Interpretation of this information: The message implies that Euler Finance, a decentralized finance project, has been the target of attackers who have successfully stolen funds. The attackers have reportedly transferred the stolen funds to Tornado Cash, a privacy-focused protocol that allows users to hide their transaction history. It is noted that at least 100 Ethereum has…

On March 13, the loan agreement Euler Finance tweeted: “Our team is currently working with security professionals and law enforcement departments. We will release it immediately after receiving further information.” Interpretation of this information: The message tweet from Euler Finance regarding the loan agreement on March 13 reveals that the company’s team is currently working with security professionals and law enforcement departments. It implies that something has gone wrong with the transaction, leading to the need to involve security personnel and the police. The message further states that more information…

On March 13, the loan agreement Euler Finance tweeted: “Our team is currently working with security professionals and law enforcement departments. We will release it immediately after receiving further information.” Interpretation of this information: The tweet from Euler Finance posted on March 13 is a brief statement that indicates that their team is currently collaborating with security professionals and law enforcement departments. The purpose of this collaboration is not disclosed in the tweet. However, it is stated that Euler Finance will release information immediately after more information is gathered. The…

On March 13, the security company BlockSec released data on social media, saying that Euler Finance suffered about 197 million dollars in the hacker flash loan attack, including 8877507.35 DAI, 849.14 WBTC, 34413863.42 USDC and 85818.26 stETH. Interpretation of this information: The message states that Euler Finance, a financial organization that specializes in DeFi (decentralized finance) solutions, has recently undergone a cyberattack. The security firm, BlockSec, released information on social media, stating that Euler Finance suffered a loss of approximately 197 million dollars as a result of the attack. The…

On March 13, the security company BlockSec released data on social media, saying that Euler Finance suffered about 197 million dollars in the hacker flash loan attack, including 8877507.35 DAI, 849.14 WBTC, 34413863.42 USDC and 85818.26 stETH. Interpretation of this information: The message states that Euler Finance, a financial platform, has fallen prey to a flash loan attack. Flash loans are a type of uncollateralized loan that borrowers take out in a single transaction and must repay it in the same transaction. Essentially, a hacker can borrow a significant amount…

On March 13, according to market data, EUL (Euler Finance) fell below US $5, and is now quoted at US $4.76, down 20.73% in 24 hours. Interpretation of this information: The message is about the market data that reports Euler Finance (EUL) falling below $5 and now being quoted at $4.76, experiencing a 20.73% drop in the past 24 hours. A possible interpretation of this message is that the cryptocurrency market is highly volatile, and sudden price movements such as this can happen due to various reasons. The first reason…