Hackers stole about $471 million in the first six months of 2023 and the theft of $197 million from Euler Finance in March was the single biggest hacking incident in the period, the latest Beosin Web3 report has shown. Contract vulnerability was the most common (60) type of attack during the period with losses of…
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The U.S. Justice Department’s top crypto cop said that it was a “pretty significant issue,” given the rise of North Korean “state-sponsored hackers.” The United States Department of Justice’s (DOJ) crypto tsar is cracking down on Decentralized Finance (DeFi) hackers and exploiters amid a four-year rise in illicit crypto activity. In a Financial Times report published…
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In a remarkable development, the Euler Finance exploiter has returned a huge portion of the $200 million stolen funds to the protocol. According to data aggregated by blockchain security firm BlockSec, the Euler Finance hacker has been returning the stolen funds over the past 24 hours. With the latest repayment of 7,737 ETH, the exploiter…
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Euler Labs CEO Michael Bentley stated he will “never forgive” the hacker as the exploit caused him to lose time with his newborn son. 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…
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