DeFi Lender Euler Finance Opens Redemptions After $200 Million Flash Loan Attack

DeFi Lender Euler Finance Opens Redemptions After $200 Million Flash Loan Attack


Ethereum World News
2023-04-12 17:13:40

Summary: The DeFi protocol recovered a bulk of the $200 million in crypto stolen in March by unidentified hackers. Euler Finance opened redemptions for recovered assets, allowing users to access crypto they had deposited in the platform. The matter is a rare ending in DeFi as hacked protocols hardly ever recover stolen funds and usually rely on other means to reimburse affected users. Users of Euler Finance were greeted with rare news on Wednesday as the platform opened the path