{"id":47142,"date":"2023-03-26T15:41:08","date_gmt":"2023-03-26T19:41:08","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=47142"},"modified":"2023-03-26T15:46:29","modified_gmt":"2023-03-26T19:46:29","slug":"euler-finance-hacker-returns-over-58000-stolen-ether","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/euler-finance-hacker-returns-over-58000-stolen-ether\/","title":{"rendered":"Euler Finance hacker returns over 58,000 stolen Ether"},"content":{"rendered":"\n

The hacker responsible for the $196 million Euler Financial lending protocol<\/a> attack has returned the majority of the stolen assets.<\/p>\n\n\n\n

\"Euler
Euler Finance hacker returns over 58,000 stolen Ether<\/figcaption><\/figure>\n\n\n\n

On March 25, the hacker returned 51,000 Ether (ETH $1,769), which at the time of this writing is valued around $88 million. On the same day, a second transfer of 7,737 ETH, valued almost $13 million, was made. <\/p>\n\n\n\n

Prior to this, on March 18, the hacker transmitted 3,000 ETH to the protocol, which was then worth close to $5.4 million. Some of the stolen assets are still under the exploiter's possession.<\/p>\n\n\n\n

\n

the euler exploiter has returned 51k ETH ($90m)

https:\/\/t.co\/RooIjugGsd\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a><\/p>— ekin (@eking0x) March 25, 2023<\/use><\/svg><\/span><\/a><\/blockquote>

The largest decentralized finance <\/a>(DeFi) hack of 2023 was a flash loan attack on March 13 that saw the hacker do several transactions and steal around $196 million from the protocol. <\/p>\n\n\n\n

8.8 million Dai ($1.00), 849,000 wrapped bitcoins ($WBTC), 85 million staked ether ($stETH), and 34 million US dollars ($1.00) are among the stolen valuables.<\/p>\n\n\n\n

A few days following the attack, the hacker contacted Euler via an on-chain message and demanded compliance with the protocol. They said<\/p>\n\n\n\n

\n

\u201cWe want to make this easy on all those affected. No intention of keeping what is not ours. Setting up secure communication. Let us come to an agreement,\u201d<\/p>\n<\/blockquote>\n\n\n\n

The exploiter had already been asked to restore 90% of the money they had stolen within 24 hours, or else the protocol would take legal action. While there was still no reply, Euler announced a $1 million prize for any information leading to the exploiter's apprehension 24 hours later.<\/p>\n\n\n\n

Other transactions executed by the hacker include a transfer of 1,000 ETH Smart Staking (NETH), which at the time was valued $1.65 million through authorized cryptocurrency mixer Tornado Cash<\/use><\/svg><\/span><\/a>.<\/p>\n\n\n\n

PeckShield, a blockchain analytics company, reports that about 100 ETH were delivered to a wallet address that one of the victims probably owned. The wallet address had previously begged for the attacker to refund their “life savings” in an on-chain message.<\/p>\n","protected":false},"excerpt":{"rendered":"

The hacker responsible for the $196 million Euler Financial lending protocol attack has returned the majority of the stolen assets. On March 25, the hacker returned 51,000 Ether (ETH $1,769), which at the time of this writing is valued around $88 million. On the same day, a second transfer of 7,737 ETH, valued almost $13 […]<\/p>\n","protected":false},"author":43,"featured_media":47144,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11476],"tags":[13744,2118],"class_list":["post-47142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hacks-and-scams","tag-euler-finance","tag-hacker"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/03\/croc_1679856577010.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/47142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=47142"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/47142\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/47144"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=47142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=47142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=47142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}