Contagion from the Dec. 12 flash loan attack against Euler has spread far and wide, resulting in frozen or lost funds for 11 different decentralized finance (DeFi) protocols, according to Dec. 13 repo...
Tag: Attack
Euler DeFi Protocol Faces Loss of $177M In Major Attack
Ethereum-compliant lending protocol Euler Finance lost $8 million in an attack. In 2022, it raised $32 million from industry giants Coinbase, Jump, Jane Street, Uniswap, and defunct FTX. BlockSec aler...
Euler Finance Suffers Flash Loan Attack, Loses Millions in Multiple Cryptocurrencies
On March 13, 2023, Euler Finance, an Ethereum-based noncustodial lending protocol, became the victim of a flash loan attack. The attacker managed to steal millions in various cryptocurrencies, includi...
Flash Loan Attack Drains $180 Million From Euler Finance
The decentralized finance (DeFi) sector recorded massive losses in 2022. While many expected a different story in 2023, bad actors have continued their game of exploiting DeFi. Some days back, Hedera ...
Crypto Lender Euler Finance Falls Prey To $197 Million DeFi Flash Loan Attack
– Advertisement – Summary: Euler Finance was drained of DAI tokens, staked Ether, USDC, and wrapped Bitcoin after a flash loan attack. On-chain security firms BlockSec and Peckshield said ...
Euler Suffers $200M Exploit in Flash Loan Attack
Euler Finance, a DeFi lending and borrowing protocol has been exploited by almost $200 million in a flash loan attack. Contents lost in the attack include $8.7 million in DAI, $18.5 million in WBTC, $...
Euler Finance Suffers a Flash Loan Attack
As if the traditional banking system isn’t causing enough troubles, a DeFi lending protocol called Euler Finance was also hit by a flash-loan attack. The damage equates to almost $200 million worth of...
Euler Finance hacked for over $195M in a flash loan attack
Ethereum-based non-custodial lending protocol Eurler finance faced a flash loan attack on March 13, with the attacker managing to steal millions in DAI, USDC, staked Ether (StETH) and wrapped Bitcoin ...
Euler Finance Undergoing Flash Loan Attack
On-chain sleuths have reported that the decentralized finance (DeFi) protocol Euler Finance is undergoing an exploit. In the flash loan attack, hackers stole over $188 million from the noncustodial De...
Optimism: Can this new announcement save OP from the bear attack
Optimism announced that voting for its Retroactive Public Goods Financing (RetroPGF) was ongoing, at press time. Daily active addresses of OP increased but market indicators supported the bears. Opti...
US House Republicans Blast Biden Administration’s Attack on the Crypto Ecosystem
Republicans in the U.S. House of Representatives are criticizing the White House, saying the Biden administration’s approach to crypto assets threatens the nascent industry. In a new memo addressed to...
6 Ukrainian Civilians Dead After Russian Missile Strikes—Overnight Attack Means Europe’s Largest Nuclear Plant Is On Emergency Power
Topline At least six Ukrainian civilians are dead following overnight missile strikes across Ukraine Thursday, with the Zaporizhzhia nuclear power plant—Europe’s largest—shifting to emergency power as...
Algorand suffers crypto attack at MyAlgo
Algorand has suffered a cyber attack affecting MyAlgo users, and warns them to withdraw crypto from the wallet. The foundation also warns that the layer 1 blockchain has not been compromised. Algorand...
MyAlgo Warns Users on Mnemonic Wallets Following Attack
MyAlgo reminds users to take measures that will safeguard their digital assets. Users with mnemonic wallets in MyAlgo were advised to move funds or rekey to accounts held in Ledger or other wallet pro...
Tether stablecoin responds to WSJ attack
Tether stablecoin has responded to a Wall Street Journal report detailing alleged shady dealings by it and Bitfinex to open bank accounts. Specifically, Tether accused the WSJ of “stale allegations” o...
‘Attack On Titan’ Season 4, Part 3, Part 2 Gets A Release Date, And Yes, It’s Really The End
Attack on Titan Funimation If you can’t tell from my title, it’s a bit of a running joke just how long Attack on Titan has dragged out what it calls its “final season,” but in reality it’s really just...
Platypus Finance provides recovery estimates after flash loan attack
Ad Platypus Finance has launched a portal that will allow users to see how much compensation they are owed, according to a post from the project on Feb. 28. The DeFi platform was originally attacked o...
Algorand (ALGO)-Based Crypto Wallet Urges Users To Withdraw Assets After $9,600,000 Attack
An Algorand (ALGO)-based crypto wallet that was recently hit with a nearly $10 million attack is now urging users to withdraw their digital assets. MyAlgo, a leading Algorand wallet gateway, tells its...
France arrests a duo involved in Platypus attack, details inside
French police have arrested two people in connection with an attack on the decentralized finance (DeFi) protocol Platypus. Platypus stated that it has recovered 2.4 million USDC and 687,000 BUSD out o...
Adani stock market losses hit $145bn one month after short seller attack
Gautam Adani’s business empire has had more than $145bn wiped from its value in the month since a US short seller alleged fraud, laying bare the battle the Indian tycoon still faces in regaining the c...
French police arrest 2 people in connection to Platypus attack
Two suspects have been arrested by the French police in connection with Platypus’ $9.1 million exploit, and 210,000 euros worth of cryptocurrency has been seized, according to the local authorit...
What To Know About Mifepristone As Biden Administration Defends It From Legal Attack
Topline Vice President Kamala Harris spoke out Friday in defense of the abortion pill mifepristone as an ongoing lawsuit could soon bar it from distribution nationwide, potentially taking away million...
Platypus reveals compensation plan for users’ funds after attack
Decentralized finance (DeFi) protocol Platypus has disclosed the details of a recent $9.1 million exploit, alongside its efforts to recover the funds and a compensation plan for victims. In a Medium p...
Coinbase Confirms Cybersecurity Attack Targeted at Employees
Coinbase said its Computer Security Incident Response Team (CSIRT) quickly stepped into the situation. Crypto company Coinbase (NASDAQ: COIN) confirmed a cybersecurity attack targeted at its employees...
Hong Kong Billionaire Horst Julius Pudwill’s Fortune Drops After Short-Seller’s Attack
Horst Julius Pudwill, cofounder and chairman of Techtronic Industries. Jocelyn Tam for Forbes Asia Horst Julius Pudwill, the cofounder and chairman of Techtronic Industries, saw his net worth tumble m...
Another Cryptocurrency Attack! What makes them a Desirable Target
In 2022, hackers stole a total of $3.8 billion in Cryptocurrencies. The majority of the victims of these hacks are in the United States. Are Cryptopreneurs more concerned with developing and releasing...
DeFi Protocol ‘Platypus’ De-pegged after Flash Loan Attack
On February 16, Platypus Finance, a decentralized finance (DeFi) application was affected by a flash loan attack. as per CertiK, a smart contract security firm. In a tweet, CertiK informed that the ha...
Cardano (ADA) Creator Reveals Real Trigger Behind Regulatory Attack on Crypto
Gamza Khanzadaev Charles Hoskinson knew crypto industry is in for hard time, when this happens Renowned blockchain developer and Cardano creator Charles Hoskinson has shared his views on recent regula...
Bitcoin continues to ‘mirror’ 2017 as weekend sees third attack on $25K
Bitcoin (BTC) tapped $25,000 for a third time on Feb. 19 as an all-important weekly close approached. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysis warns over whale moves Data f...