Crypto Weekly Roundup: Euler Finance Hack And More

Crypto Weekly Roundup: Euler Finance Hack And More

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Crypto Weekly Roundup: Euler Finance Hack And More

Crypto Daily™8 days ago
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Published on March 19, 2023 08:05 GMT+00:00edited on March 20, 2023 17:24 GMT+00:00

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This week, the Euler Finance protocol was hacked, resulting in the loss of millions of dollars of crypto. The attacker turned down the protocol’s offer of retaining 10% and has started mixing the funds to obfuscate them. Keep reading to find out more. 

Bitcoin

Bitcoin has pushed through the $25,000 major resistance level. However, the charts suggest it could be at or near its top for now.

Ethereum

Ethereum developers have completed the final round of testing for the network prior to the Shapella upgrade. 

DeFi

The Euler Finance protocol was hacked, with millions of dollars of $DAI, $USDC, $StETH, and $WBTC stolen in a flash loan attack.

The hacker who exploited the Euler Finance protocol has turned down the platform’s offer of retaining 10% by mixing 1000 ETH in …