Crypto worth $ 211 million in March in 26 hacks: Peckshield
Crypto worth $ 211 million in March in 26 hacks: Peckshield
The blockchain security company-Peckshield-outlined that culprit stolen cryptocurrencies worth $ 211.5 million last month.
The exploit of Euler Finance made up the majority of the amount after Hacker had stolen 197 million US dollars of the ETH, USDC, Wrapped BTC and DAI. The revival of the cryptocurrency market last month and the increasing prices of many digital assets seemed to be great news for investors and supporters in the industry. However, this dynamic fell together with an increase in hacking attacks. How Peckshield unveiled, cybercriminals in March withdrawn crypto worth more than $ 211 million, a significant increase compared to the $ 35.3 million that were lost in February. The exploit of Euler Finance, which led to almost $ 200 million of digital assets were skilled in, made over 93 % of the entire supply. Decentralized financial project (Defi) Safemoon ranks second with losses of $ 8.7 million, while $ 5.2 million from Paraspace. Attacks on General Bytes ATM ($ 1.7 million), Tender.Fi ($ 1.58 million) and SWerve Finance ($ 1.3 million) also formed the overall picture. #Peckshieldalert ~ 26 exploits brought $ 211.5 million in March 2023. href = "https://twitter.com/eulerfinance?ref_src=twsrc%5etfw" Data-Wpel-Link = "External">@Eulerfinance use, the estimated loss is 197 million dollars. The exploiter has returned 84,963,4 (~ 152.8 million $) and 29.9 million to Tornado cash pic.twitter.com/kf2ul4uiun - Peckshieldalert (@peckshieldalert) 31. March 2023 The Defi credit protocol made headlines in mid-March after Hacker violated his security and on crypto-assets. The culprit borrowed a considerable amount of money via Euler's platform and later deducted the tokens in a so-called Flash Loan attack. Shortly afterwards the entity offered Data Preserver-Spaces = "True"> The perpetrator has to keep around $ 20 million back if it returns the remaining funds. They hesitated to accept the deal and instead mixed the crypto just a few hours after the proposal was published in Tornado Cash. The hacker behind the exploit called "Jacob" changed his attitude towards the end of the month and sent ETH back to the protocol worth over $ 100 million. In the following days they went even further, sorry for crime and the return of more assets. . March was not all sunshine and roses
The Euler Finance Drama