WebEuler is a non-custodial DeFi protocol on Ethereum that allows users to lend and borrow almost any crypto asset. Markets. Gauges. Staking... Ethereum. Connect. The Euler Foundation is aware of the attack affecting users. Security professionals and law enforcement have been engaged. WebMar 14, 2024 · Euler Finance, a lending protocol in the decentralized finance (DeFi) space, which has witnessed several losses of funds through network exploits, has fallen victim to the largest exploit so far in 2024. Recently, the space Meta Sleuth, a crypto analytics company, recently reported the attacks on Euler Finance. The firm noted that the …
Euler Dapp
WebMar 27, 2024 · DeFi. Mar 27, 2024. Euler Finance hacker returns part of the stolen funds to protocol. The hacker behind the theft of nearly $200 million worth of crypto from the Euler Finance protocol has returned around half of the stolen funds. On March 25th, on-chain data revealed the hacker had returned around 58,000 Ether (ETH) to the protocol. WebMar 16, 2024 · The Euler Finance attacker transferred 1,100 ETH ($1.8 million) to the cryptocurrency mixer Tornado Cash in an attempt to launder the stolen funds, according to on-chain data aggregated from security firm BlockSec. The transfer comes after the lending protocol was drained of $197 million in a flash loan attack earlier this week. tgh nephrology
Euler Finance flash-loan attacked for an estimated $197 million
WebThis unexpected outcome follows successful negotiations between the Euler Finance team and the exploiter.According to on-chain data, the exploiter made two transactions worth 8,080 ETH and 2,500 ETH, respectively, along with $12 million in DAI stablecoin. The fiat value of these three transactions is estimated to be around $31 million. WebJul 18, 2024 · Euler has innovated and built a number of novel DeFi features, including asset tiers, reactive interest rates, risk-adjusted borrow factors, Dutch-auction liquidations, protected collateral, and batch transactions. On Euler, anyone can create a money market for any crypto asset with an ETH liquidity pair on the Uniswap V3 decentralized exchange. WebFeb 5, 2024 · The term decentralized finance (DeFi) refers to an alternative financial infrastructure built on top of the Ethereum blockchain. DeFi uses smart contracts to create protocols that replicate existing financial services in a more open, interoperable, and transparent way. This article highlights opportunities and potential risks of the DeFi … tgh neurology