Cryptocurrency news by Protos

Here’s what on-chain messages reveal about the $200M Euler Finance hack


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On Monday, March 13, the year’s largest crypto hack so far occurred. Almost $200 million was stolen from decentralized lending protocol Euler Finance. The attack was devastating to the Ethereum-based platform, whose total value locked dropped by over 95%, as well as other DeFi projects which had funds tied up in Euler, such as Angle and Balancer.


Thanks to on-chain messages, we see how negotiations with the hacker took place. Listen to the article to find out what was exchanged between the two parties and what we now know about the hacker.


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