Wallet Addresses Linked to $200 Million Euler Exploit and Axie Infinity Hack Mysteriously Interact – Are North Korean Hackers Involved?

Wallet addresses associated with the exploit of Euler Finance and last year's hack of Axie Infinity's Ronin Network have interacted, stirring up speculations that North Korean hackers might also be behind the recent attack on Euler. 

Timeline of Axie-infinity, Euler-finance

Michael Bentley's revealing tweet ignited concerns surrounding the $6 million hack at Euler Labs, prompting an investigation into the incident and its implications for the DeFi community.

The hacker who stole almost $200 million from Euler Finance by exploiting a vulnerability on its flash loan smart contract has moved some of the stolen tokens through mixing protocol Tornado Cash. The attacker stole Dai (DAI/USD), USD Coin (USDC/USD), staked ETH, and wrapped Bitcoin (WBTC).

The hacker who stole $196 million from Euler Finance has transferred $1.65 million through Tornado Cash, after a $1 million bounty was launched. Victims pleaded for return of funds, but the hacker's move to a crypto mixer suggests they may not be swayed.

The crypto space is still buzzing with the latest crypto attack on the decentralized lending protocol, Euler Finance. The exploit, which took place on March 13, saw the platform lose about $196 million worth of crypto assets.

Decentralized lending protocol Euler Finance (CRYPTO: EUL) announced a $1 million reward for information leading to the arrest of the individuals behind the recent exploit that resulted in the loss of nearly $200 million.

Decentralized finance (DeFi) protocol Euler Finance lost nearly $197 million in a flash loan attack on March 13, impacting more than 11 other DeFi protocols. The vulnerability remained on-chain for eight months despite a $1 million bug bounty in place.

On March 13, DeFi lending protocol Euler Finance suffered a massive flash loan attack, making it the largest crypto hack of 2023 so far. The incident resulted in the loss of approximately $197 million and impacted over 11 other DeFi protocols.

Euler Finance, a decentralized finance (DeFi) lending protocol on Ethereum, has lost approximately $200 million through a flash loan hack. This loss makes it the biggest DeFi hack in 2023.

Ethereum-based noncustodial lending protocol Euler Finance was targeted by a flash loan attack on 13 March. The attacker was successful in stealing almost $197 million in Dai, USD Coin (USDC), staked Ether (StETH), and wrapped Bitcoin (WBTC).

Today's hack saw an attacker drain millions in $DAI, $USDC, $StETH and $WBTC in a flash loan attack. In the largest hack so far in 2023, an attacker was able to carry out multiple transactions that netted more than $195 million in various crypto and stablecoins.