[ad_1] <br><div><p>Decentralized lending protocol <a target="_blank" href="https://www.euler.finance/" title="Euler" itemscope="itemscope" itemprop="StoryLink" rel="noopener"><meta itemprop="type" content="WebLink"/>Euler Finance</a> was hit by an assault that drained $197 million in cryptocurrencies from its platform on Monday, making it the most important hack in its nook of the digital-assets market this yr.</p><p>The majority of the hacker’s loot — price roughly $135 million — was denominated in staked Ether tokens (stETH), whereas the rest was held in wrapped Bitcoin and stablecoins DAI and USDC, in accordance with safety agency <a target="_blank" href="https://blocksec.com/" title="BlockSec" itemscope="itemscope" itemprop="StoryLink" rel="noopener"><meta itemprop="type" content="WebLink"/>BlockSec</a>. A number of the proceeds from the assault are already being laundered by means of Twister Money, a US-sanctioned platform which allows customers to obfuscate their transaction historical past, safety corporations <a target="_blank" href="https://blocksec.com/" title="PeckShield" itemscope="itemscope" itemprop="StoryLink" rel="noopener"><meta itemprop="type" content="WebLink"/>PeckShield Inc</a> and <a target="_blank" href="https://www.elliptic.co/" title="Elliptic" itemscope="itemscope" itemprop="StoryLink" rel="noopener"><meta itemprop="type" content="WebLink"/>Elliptic</a> mentioned. </p></div> <br>[ad_2] <br><a href="https://www.bloomberg.com/news/articles/2023-03-13/defi-s-euler-finance-hit-by-197-million-hack-experts-say">Source link </a>