#euler finance

VanEck VBILL lands on Euler lending

VanEck's VBILL fund goes live on Euler, letting institutions borrow against tokenized Treasuries priced through RedStone oracles.

Euler Finance, a crypto lending and borrowing platform, has successfully rebounded from a period of uncertainty. The protocol has recently achieved new all-time highs in Total Value Locked (TVL) and total borrows, both crucial indicators of a DeFi lender’s success. While Euler’s assets under management, currently in the hundreds of millions, are still less than leading platforms like Aave, its…

Euler Finance, a crypto lending and borrowing platform, has successfully navigated its way back from a challenging period in the decentralized finance (DeFi) space. The protocol recently achieved new all-time highs in both total value locked (TVL) and total borrows, key indicators of activity for any DeFi lending platform. While Euler’s current holdings of crypto assets are significantly less…

Hackers stole about $471 million in the first six months of 2023 and the theft of $197 million from Euler Finance in March was the single biggest hacking incident in the period, the latest Beosin Web3 report has shown. Contract vulnerability was the most common (60) type of attack during the period with losses of $264.1 million. The data indicates that most of the rug-pulling incidents occurred…

The US Justice Department’s top crypto cop said that it was a “pretty significant issue” given the rise of North Korean “state-sponsored hackers.”

In Q1 2023, hackers accessed over $320 million through 139 incidents on BNB Chain and losses of $221 million on Ethereum. While significantly lower than Q1 and Q4 2022, the quarter saw hundreds of millions lost, with 60% due to the Euler Finance hack. However, funds were recovered through negotiations with hackers, a trend increasingly common in the industry. (Read More)

Euler Finance has recovered most of the funds stolen in a flash loan attack that drained millions of dollars from various tokens, including Dai and USDC. After negotiating with the hacker, Euler Finance convinced the individual to return the majority of the stolen funds, resulting in the recovery of 12 million DAI and 10,580 ETH. The crypto community has applauded Euler Finance’s efforts to…

The hacker behind the $196 million exploit on lending protocol Euler Finance has returned the majority of the stolen assets, including 51,000 ETH and 7,737 ETH, worth a total of over $101 million at the time of writing. The hacker still controls some of the stolen assets, and the hack is considered the largest DeFi hack of 2023. (Read More)