2 years ago
Euler (EUL) Finance exploiter sent 100 Ethereum (ETH) — worthy $170,468 — to the Ronin Bridge exploiter connected March 17.
On-chain expert Lookonchain questioned whether the transaction showed that the 2 hackers were the aforesaid idiosyncratic oregon if the transportation was intentional.
The Ronin Bridge exploit was linked to the infamous North Korean hacker radical Lazarus — circulating speculations of whether the radical was besides down Euler Finance’s exploit.
Meanwhile, the transaction does not supply conclusive grounds astir the narration betwixt some parties. The Euler Finance attacker had tried to obfuscate his transactions done sanctioned mixing protocol Tornado Cash. The attacker besides sent 100 ETH to 1 of the victims of the exploit.
The Lazarus radical was responsible for the $625 cardinal Ronin span exploit successful March 2022, according to the Federal Bureau of Investigation (FBI). The US Department of the Treasury added the hacker radical to its Office of Foreign Assets Control (OFAC) sanctions list.
The FBI has besides held Lazarus Group and APT38 arsenic liable for the $100 cardinal exploit of the Horizon bridge. Although the North Korean authorities has denied sponsoring Lazarus and APT38, instrumentality enforcement agencies person linked respective crypto attacks to North Korean hackers.
Euler Labs CEO said exploited codes were audited
The Euler Labs CEO Michael Bentley said the DeFi protocol has ever been a security-minded project, adding that its astute contracts — including the susceptible lines of codification — were audited.
Bentley was responding to a unfortunate who tweeted that the protocol had had 10 antithetic audits from six firms betwixt 2021 and 2022.
In a March 17 Twitter thread, Bentley said this was the astir challenging play of his beingness arsenic helium had to sacrifice clip with his newborn son. For this, helium said helium would ne'er forgive the attacker.
The CEO reiterated the project’s committedness to uncovering the attacker, urging anyone with accusation that could pb to his apprehension to travel forward.
Bentley concluded that:
“Everyone associated with Euler is moving tirelessly to execute the champion imaginable outcomes arsenic rapidly arsenic possible.”
The station Euler Finance hacker sent 100ETH to Ronin Bridge exploiter appeared archetypal connected CryptoSlate.
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