- From the hack of a DeFi protocol, hackers stole nearly $200 million.
- Euler, recently got hacked resulting in decreasing its token EUL value by 50%.
A Decentralized Finance (DeFi) protocol suffered from an exploit that caused a nearly $200 million loss. On March 13, PeckShield, a blockchain monitoring firm, sent a tweet in which it added the crypto lending platform Euler Finance, simply saying: “Hi […] you may want to take a look.”
Source: https://www.thecoinrepublic.com/2023/03/14/defi-exploit-alert-euler-hack-caused-almost-200-million-loss/