In Yet Another Crypto Attack, Hackers Pillage $197 Million From Euler Finance
, which refers to itself as a team of software engineers “specialising in the research and development of financial applications,” is the developer behind a “capital-efficient permissionless lending protocol” that the company says helps users “earn interest on their crypto assets or hedge against volatile markets without the need for a trusted third-party.
One of the first to spot the attack was Peckshield, a blockchain security company that is known for flagging irregular asset transfers. On Monday, Peckshield tweeted out a link showing abnormally high transfers from Euler:: “We are aware and our team is currently working with security professionals and law enforcement.”: “We continue to investigate this morning’s unlawful extraction of funds from the Euler protocol.
United States Latest News, 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 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.
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.
Read more »
Russians warned of nuclear attack after hackers break in to country's TV serviceRussians in the eastern portion of the country were sent dire warnings of a nuclear attack over the country's radio and TV broadcasts after hackers broke into the services.
Read more »
S.T.A.L.K.E.R. 2’s Ukrainian developer is being blackmailed by pro-Russian hackers“Evil will never win.”
Read more »
Sources: D-Backs, Corbin Carroll in agreement on eight-year, $111 million dealThe Diamondbacks and outfielder Corbin Carroll are in agreement on an eight-year, $111 million deal.
Read more »
Data management company to pay $3 million in settlement with feds over 2020 ransomware disclosuresBlackbaud Inc., which sells donor data management software to nonprofits, agreed Thursday to pay the Securities and Exchange Commission $3 million in a settlement regarding disclosures of a 2020 ransomware attack.
Read more »