Euler attack

According to reports, according to slow fog monitoring, hackers in the Euler attack have so far transferred 2600 ETHs to a chain labeled Fake_ The address of phishing7653 was gradually transferred to Tornado Cash. Euler hackers gradually transferred 2600 ETHs to Tornado Cash Analysis based on this information:Recently, slow fog monitoring revealed a heinous case of the Euler attack in which hackers have so far transferred 2600 ETHs to a chain labeled “Fake_Phishing7653” and thereafter shifted to Tornado Cash. Euler attack is a malicious attempt made by hackers to deceive the system and gain privileged access to sensitive data. In this case, hackers exploited phishing techniques to steal Ethereum. This latest attack adds up to the growing number of security breaches where hackers leverage advanced methods to infiltrate and cause havoc. According to reports, the hackers initiated their nefarious plan by first launching a phishing attack to lure unsuspecting users to deposit their ETHs into the Fake_Phishing7653 address. Once the…

On March 13, it was reported that due to the Euler attack, YieldProtocol had closed the operations related to the main network lending. Yields main network liquidity pool was established on Euler, and Euler suspended the main network contract. At present, Yields has removed the application and closed the lending entry in the official website UI. YieldProtocol has closed operations related to main network lending due to Euler attack Analysis based on this information:On March 13, news came in that YieldProtocol, a decentralized finance (DeFi) platform, had shut down its main network lending operations due to the Euler attack. Euler, a project that aims to create a universal platform for financial applications, hosts Yield Protocol’s main network liquidity pool. However, after discovering a vulnerability in the Euler code, the team behind YieldProtocol decided to suspend the main network contract. As a result, YieldProtocol was forced to remove its application and close the lending entry in the official website user interface…