On March 16, Euler Finance, a decentralized finance (DeFi) protocol, announced that it had been the victim of a massive hack in which a total of $197 million was stolen. This was quickly dubbed the biggest DeFi hack of 2023 so far and sent shockwaves through the crypto community.
The hacker was able to drain the funds through a series of multiple transactions, and then used a multichain bridge to transfer the stolen funds from the Binance Smart Chain to Ethereum. The hacker then moved the stolen funds into the crypto mixer Tornado Cash, making it difficult to track the funds.
However, on …
Read more…….
Be the first to comment