Web3 is going just great [English] - Euler Finance exploited for almost $200 million
- 14 mars -
The decentralized lending platform Euler Finance suffered a flash loan attack in which an exploiter stole $197 million from the project. The attacker stole $8.7 million in the Dai stablecoin, $18.5 million in wrapped Bitcoin, $135.8 million in Lido staked Ethereum (stETH), and $33.8 million in the USDC stablecoin. Although Euler was well known for its many code audits, the project had later added a vulnerable function that had not been as heavily audited.
Euler announced that they were aware of the exploit, and were "working with security professionals and law enforcement".
par Molly White
Web3 is going just great [English]
A timeline recording only some of the many disasters happening in crypto, decentralized finance, NFTs, and other blockchain-based projects.
Collector accidentally burns their $123,000 CryptoPunk
- 26 mars -
The new owner of a CryptoPunk, one of the most popular early NFT projects, accidentally burned the NFT they had only just purchased. After (...)
US prosecutors file criminal charges against Do Kwon
- 25 mars -
Only hours after Do Kwon was arrested in Montenegro, federal prosecutors in New York filed eight criminal charges against him: conspiracy to (...)
Terra/Luna founder Do Kwon arrested
- 25 mars -
The founder of Terra/Luna, the stablecoin that crashed dramatically in May 2022 and has subsequently been alleged to be a massive fraud, has been (...)
Latest Sotheby's NFT sale is decidedly tepid
- 25 mars -
Despite Sotheby's estimates that the most popular piece in the "Oddly Satisfying" NFT collection would sell for €70,000–€100,000 ($75,500–$108,000), (...)
Kraken to suspend ACH transfers after Silvergate collapse
- 22 mars -
The Kraken cryptocurrency exchange announced to its users that it will be suspending ACH transfers on March 27, as a result of the collapse of (...)