Euler Finance Attack

  • The Euler attacker apologized for his actions and said he would return the remaining funds as soon as possible

    On March 28th, Euler Finance attackers send messages on the chain to apologize for their actions: \”I don\’t think what I said will help me in any way, but I still want to say it. I

    03/28/2023
    106
  • Balancer Protocol Reports Losses in Euler Finance Attack

    According to reports, the decentralized transaction protocol Balancer tweeted that in the Euler Finance attack, about 11.9 million US dollars were sent to Eule from the bbeUSD liquidity pool, accounting for 65% of the total TVL of the liquidity pool. The bbeUSD token was also deposited in the other four liquidity pools: wstETH/bbeUSD, rETH/bbeUSD, TEMPLE/bbeUSD, DOLA/bbeUSD. All other Balancer liquidity pools are safe. Balancer: About US $11.9 million is affected by Euler attack, and other liquidity pools are safe Analysis based on this information:The Balancer protocol, a decentralized transaction protocol, recently made a tweet that reported the details of the Euler Finance attack. The tweet stated that the attack resulted in losses of around 11.9 million US dollars, which were sent from the bbeUSD liquidity pool to Eule. This amount represents 65% of the total TVL (Total Value Locked) of the liquidity pool, which indicates a significant loss for the platform. The Balancer protocol is known for its liquidity pools,…

    03/14/2023
    108