Hackers Steal 197 Million In Crypto From Defi Lender Euler Finance
The cryptocurrency that was stolen involved multiple digital assets, including $8.75 million worth of the decentralized stablecoin DAI, $18.5 million in WBTC (Wrapped Bitcoin), $33.85 million in USDC (USD Coin), and $135.8 million in stETH (staked Ether tokens). For those unaware, Euler Finance facilitates the lending and borrowing of various cryptocurrencies for users through an automated service that does not require human intervention. The cyberattack on Euler Finance was first spotted by PeckShield, a blockchain security and data analytics company, which tweeted out a link showing unusually high transfers from Euler:...