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Polter Finance Halts Operations After $12M Flash Loan Attack
Polter Finance suspended operations after a $12 million exploit linked to a flash loan attack on its SpookySwap market. The platform is working with law enforcement and has reached out to the hacker to recover the stolen funds. Polter Finance Attack Polter Finance, a decentralized platform for lending and borrowing, has suspended all operations and is seeking assistance from law enforcement…
US Justice Department on the hunt for DeFi hackers and thieves: Report
The US Justice Department’s top crypto cop said that it was a “pretty significant issue” given the rise of North Korean “state-sponsored hackers.”
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Allbridge to first begin repaying stuck bridge users after recouping funds
The compensation process is expected to start next week, starting with users who had funds on the bridge “shortly before the shutdown.”
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Euler Finance Hacker Returns Stolen Funds
Euler Finance has recovered most of the funds stolen in a flash loan attack that drained millions of dollars from various tokens, including Dai and USDC. After negotiating with the hacker, Euler Finance convinced the individual to return the majority of the stolen funds, resulting in the recovery of 12 million DAI and 10,580 ETH. The crypto community has applauded Euler Finance’s efforts to…
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Hacker moves stolen funds after bounty launch
The hacker who stole $196 million from Euler Finance has transferred $1.65 million through Tornado Cash, after a $1 million bounty was launched. Victims pleaded for return of funds, but the hacker’s move to a crypto mixer suggests they may not be swayed. On-chain data shows the stolen funds consisted of DAI, USDC, staked ETH and WBTC. (Read More)
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Euler hacker seemingly taking their chances, sends funds to crypto mixer
Before the move, the hacker apparently refunded at least one victim, leading to a slew of on-chain messages from other purported victims.
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Euler Finance suffers $197M DeFi hack
Decentralized finance (DeFi) protocol Euler Finance lost nearly $197 million in a flash loan attack on March 13, impacting more than 11 other DeFi protocols. The vulnerability remained on-chain for eight months despite a $1 million bug bounty in place. Euler Finance disabled the vulnerable etoken module and vulnerable donation function, and has reached out to security firms and the ETH security…
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Euler Finance Suffers Flash Loan Attack, Loses Millions in Multiple Cryptocurrencies
Euler Finance, an Ethereum-based noncustodial lending protocol, suffered a flash loan attack on March 13, resulting in the loss of millions in Dai, USD Coin, staked Ether, and wrapped Bitcoin. The attacker stole nearly $196 million in multiple transactions, making it the largest hack of 2023. On-chain data indicates that the attack is related to a deflation attack that occurred one month ago, and…
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