Interaction between the Euler Finance Exploite-bound wallet and the North Korean Lazarus Group found

Veröffentlicht:

Aktualisiert:

Von:

The on-chain analyst Lookonchain discovered that an address that is connected to the exploiter of the loan protocol based on Ethereum, 100 ether (approx.

While it is still unclear whether the Euler-Exploit is connected to the state-funded cyber threat of North Korea, which is connected to the North Korean Reconnaissance General Bureau (RGB), the Interaction is strange because many community members had previously speculated that the notorious collective could be behind it.

  • The Lazarus Group was originally sanctioned by OFAC in 2019 and was involved in several exploits. In addition to the $ 625 million Exploit of the Axie Infinity Ronin network, it was also behind the $ 100-million harmony-bridge-hack in last year.
  • Euler Finance, on the other hand, was exploited on March 13th at a lightning loan.
  • Further investigations showed that the weak point remained in the chain eight months before the exploit, although a bug bounty of $ 1 million was launched.
  • According to Michael Bentley, CEO of Euler Labs, six security companies, namely Halforn, Solidified, ZK Labs, Certora, Sherlock and Omnisica, carried out ten separate exams of the lending protocol over a period of two years.
  • Euler received "nothing higher than low", which "does not represent any significant threats" in relation to risk assessment by these companies.
  • In the meantime, the team behind the protocol was exposed to a bounty of $ 2 million for information in order to uncover the identity of the hacker. Hours later, the attacker began moving funds in ten transactions through the crypto mixer Tornado Cass.

.