PeckShield Reports: Euler Finance Attacker Returns $41 Million Worth of Cryptocurrency
According to PeckShield monitoring, in addition to earlier today\’s Euler Finance attacker returning 15476.1 ETHs and 10.7 million Dais to the Euler deployer account via addresses b
According to PeckShield monitoring, in addition to earlier today’s Euler Finance attacker returning 15476.1 ETHs and 10.7 million Dais to the Euler deployer account via addresses beginning with 0x8765 and 0xa1b4, the attacker also returned 7738.05 ETHs to the Euler deployer account via addresses beginning with 0xc4e04. The hacker returned a total of 23214.15 ETHs and 10.7 million Dais today, equivalent to approximately $41 million. In addition, 0xa1b44 has transferred 20 million DAIs to an intermediate address 0x0d1b 843, which transfers 3 million DAIs to the Euler: Multisig 2 address.
Euler Finance hackers have returned 7738 ETHs to another Euler address, with a cumulative return of $151 million
Introduction
PeckShield, a blockchain security company, has reported that the attacker responsible for the Euler Finance hack has returned a significant amount of stolen funds. The hacker returned a total of 23,214.15 ETH and 10.7 million Dais, which is equivalent to approximately $41 million. In addition, an address associated with the hack has transferred $20 million worth of Dais to another address.
Background
Earlier today, the Euler Finance attacker returned 15,476.1 ETH and 10.7 million Dais to the Euler deployer account via addresses starting with 0x8765 and 0xa1b4 respectively. The hacker has now also returned 7,738.05 ETH to the Euler deployer account via addresses starting with 0xc4e04.
This recent development is a positive one for the Euler Finance community, as the return of the stolen funds reduces the impact of the hack. However, it does not undo the damage caused by the attack.
How the Attacker Returned the Stolen Funds
The funds were returned to the Euler deployer account via different addresses. Some of the addresses used to return the stolen funds are 0x8765, 0xa1b4, and 0xc4e04.
The Aftermath of the Attack
The Euler Finance attack is just one of the many attacks that occur in the blockchain world. It highlights the importance of blockchain security and the need for increased vigilance in the face of hackers who are constantly looking for vulnerabilities to exploit.
Although the return of the stolen funds is a positive development, it does not guarantee that Euler Finance will not be attacked again. This is why the company needs to invest in better security measures to mitigate the risk of future attacks.
Conclusion
PeckShield’s report on the Euler Finance attack is a reminder of the importance of blockchain security. The return of the stolen funds is a positive development, but it is not a cure-all. Euler Finance needs to take appropriate measures to safeguard its platform against future attacks.
FAQs
1. What is Euler Finance?
Euler Finance is a decentralized finance (DeFi) platform that operates on the Ethereum blockchain.
2. What was the total value of the stolen funds in the Euler Finance attack?
The stolen funds in the Euler Finance attack were worth approximately $41 million.
3. How did the attacker return the stolen funds?
The attacker returned the stolen funds to the Euler deployer account via different addresses starting with 0x8765, 0xa1b4, and 0xc4e04.
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