Micheal Bentley, CEO of the lending platform Euler Finance, stated that the company was hacked despite taking numerous precautions.
With the crypto industry turning its momentum up, illegal incidents had also increased. Crypto thieves have diversified their attack methods and targeted large corporations. Euler Finance, the popular Ethereum-based lending platform, stated that it was hacked a few days ago. In addition, Euler Finance, which made an offer to the crypto thief of the attack, was fully on the agenda. Bentley, on the other hand, expressing his views on the chain of events, said, “We passed many inspections in 2 years.”
Bentley Highlights The Company Has Gone Many Audits
New news continues to come from Euler Finance, which suffered a giant crypto attack of $ 196 million. Bentley’s interpretation of its trust in the company “through audits” seems to have drawn attention. Noting that security is provided by different systems from different companies, the CEO stated that the company’s security problems were not in the previous process.
The rapid rise of the crypto market has prompted crypto scams. In particular, attackers using different systems have become more active in recent days. Many global companies continue to warn investors “to take precautions and be careful”.
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