ETH
by BSC News
March 27, 2023
Following a $200M attack, the hacker returned about half of the stolen funds to Euler Finance.
The hacker who used a flash loan attack to steal some $200 million from Euler Finance on March 13 has returned about half of the funds, according to on-chain data.
Multiple Twitter accounts relayed the positive news for Euler on March 25. The hacker sent 51,000 $ETH back to the permissionless lending protocol, which had sought the return of 90% of the funds and taken actions, including offering a $1 million reward for information.
After returning some of the funds, the hacker emptied their wallet, which now contains a little over 1 $ETH.
The value of Euler’s $EUL jumped by more than 50% on the news, although it retraced a bit over the weekend, according to CoinGecko.
For more information on the exploit and Euler’s response, read Twitter threads posted by Euler and its CEO Michael Bentley.
Related News
Latest News
April 27, 2024
Weekly Article Recap: 4/22-4/26
April 26, 2024
Terraform Labs to Restrict Access for US Users Amid SEC Legal Battle
April 26, 2024
Can Chinese Investors Buy Hong Kong's New BTC and ETH ETFs?
April 26, 2024
World's largest Asset Custodian Bank, BNY Mellon Holds Bitcoin ETFs: Report
April 26, 2024
SEC Files $5.6M Lawsuit Against Geosyn Bitcoin Miner For Fraud
April 25, 2024
Nigeria Appoints Pro-Crypto Leader to Head SEC
April 25, 2024
BNB Chain Shows Strong Growth in Q1, 2024 Report: Key Details
April 25, 2024
Ethereum Spot ETFs Is Likely to Face SEC Denial in May: Reports
More News