The hacker behind the $196 million exploit on lending protocol Euler Finance has returned the majority of the stolen assets, according to on-chain data. In a transaction on March 25, the exploiter returned 51,000 Ether (ETH) worth around $88 million at the time of writing. A second transfer of 7,737 ETH was made on the same day, worth over $13 million. Previously, on March 18, the hacker sent 3,000 ETH to the protocol, worth nearly $5.4 million at the time. The exploiter still controls some of the stolen assets. the…
Tag: Ether
Euler Finance Hacker Sends 51,000 Stolen Ether Back to Protocol
EUL tokens jumped 47% on the transfer of tokens. Source
Arbitrum, Ether Liquidity Providers Earn $500K From ARB Airdrop
Uniswap data shows over $180 million in volume was traded on the ARB/ETH liquidity pool, netting $542,000 in fees for liquidity providers (LPs). LPs are entities that provide two different tokens to any decentralized exchange’s smart contracts – netting a cut of fees charged by that exchange on each trade. Source
Bitcoin Holds Steady Above $28K, Ether Rises in Post Rate Hike Rally
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Bitcoin Holds Steady Above $28K, Ether Rises in Post-Rate Hike Rally
Bitcoin jumped above $28,800 earlier Thursday before retreating. Ether rose above $1,850, its highest level since August. Original
Bitcoin and Ether Hold Up with Recent Gains while Awaiting Fed Rate Hike Decision
The technical chart for Bitcoin shows a bullish signal hinting that the BTC price can extend further rally all the way to $35,000. Bitcoin and the broader cryptocurrency market are currently holding up with their gains over the last weekend and earlier this week. As of press time, Bitcoin (BTC) is trading 2.0% up at a price of $28,141 and a market cap of $543 billion, on the other hand, Ether (ETH) too is up by 3.48% and is currently flirting around the $1,800 level. Investors are keeping a close…
IoTeX Blockchain’s DAO Votes 97% in Favor of Adding Ether Liquid Staking Derivatives
“Increasing the IOTX staking ratio and, therefore, the security of its blockchain has always been the goal for IoTeX,” co-founder Raullen Chai said in a message to CoinDesk. “The primary motivation behind IIP-13 is improved security and further decentralization of the IoTeX blockchain.” Source link
Crypto Market Witnesses Odd Relationship Between Bitcoin, Ether Volatility Metrics
“The negative spread is reflective of the two assets increasingly viewed as similar yet different proxies of risk, both markets are much deeper and liquid than the rest of the coins with established use cases,” Patrick Chu, director of institutional sales and trading at over-the-counter crypto derivatives tech platform Paradigm, told CoinDesk. Original
Euler Finance hacker starts returning stolen Ether
The recent attack that drained $197 million from Euler Finance was dubbed the biggest decentralized finance (DeFi) hack of 2023 so far. However, this may not hold for much longer as the hacker reportedly had a change of heart. On March 18, roughly 3,000 Ether (ETH) ($5.4 million) were returned to Euler Finance’s deployer address from the Euler Finance hacker’s address. Blockchain investigator PeckShield identified three transactions that were used to send the funds. https://t.co/4OBksAu9od pic.twitter.com/Zb3MIyex2f — PeckShield Inc. (@peckshield) March 18, 2023 Cointelegraph confirmed that the hacker transferred 1,000…
Crypto Derivatives Protocol Volmex Finance’s Bitcoin and Ether Volatility Charts Now Live on TradingView
Volmex’s Bitcoin implied volatility index (BVIV) and Ether implied volatility index (EVIV) measure the expected price turbulence over 30 days, derived from real-time crypto call and put options. The indices can be considered analogous to Wall Street’s fear gauge, the VIX index, which is also derived from the options market tied to S&P 500. Source