According to data from Look on Chain, 100 Ethereum, or $170,515, was sent from an address using the Euler Finance protocol to a wallet associated with the Ronin attack of the North Korean hacker group Lazarus. It is unknown whether Lazarus was behind the attack on Euler Finance, but it has emerged that there may be a connection.With the crypto industry turning its momentum up, the incidents of attacks have 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.
Euler Finance, which offered a deal to hackers, was completely on the agenda. Bentley, on the other hand, expressing his views on the chain of events, said, “We passed many inspections in 2 years.”
$198 million worth of crypto assets stolen
Euler Finance was exposed to a ‘flash loan’ attack on March 13. $198 million in assets were stolen from the protocol from four transactions in DAI, WBTC, sETH and USDC. Protocol had stated that if 90 percent of the funds were not returned within 24 hours, the $1 million reward would be launched.
It has been reported that North Korean hackers have seized $ 1.2 billion in cryptocurrencies and digital assets with attacks in the last five years. The FBI also blamed North Korea for about $625 million stolen from Axie Infinity in March.
59087
