Euler (EUL) Monetary Exploiter March 17 despatched 100 Ethereum (ETH) value $170,468 to Ronin Bridge operator.
Community Analyst Lookonchain doubted whether or not the transaction confirmed that the 2 hackers had been the identical individual or whether or not the switch was intentional.
The Ronin Bridge exploit was linked to the notorious North Korean hacking group Lazarus, with hypothesis rife that the group was additionally concerned within the Euler Finance exploit.
In the meantime, the transaction doesn’t present conclusive proof of the connection between the 2 events. An attacker at Euler Finance tried to obfuscate their transactions utilizing Twister Money, a sanctioned hashing protocol. The attacker additionally despatched 100 ETH to one of many victims of the exploit.
In keeping with the Federal Bureau of Investigation (FBI), the Lazarus group was liable for 625 million USD Ronin Bridge operation in 2022. March. US Division of the Treasury added put the hacker group on the Workplace of Overseas Property Management (OFAC) sanctions checklist.
The FBI additionally held Lazarus Group and APT38 liable for $100 million. operation of the Horizon Bridge value USD. Though the North Korean authorities has denied backing Lazarus and APT38, regulation enforcement companies have linked a number of cryptocurrency assaults to North Korean hackers.
The CEO of Euler Labs stated that the codes used had been audited
Euler Labs CEO Michael Bentley stated The DeFi protocol has all the time been a security-focused undertaking, including that its good contracts, together with weak strains of code, have been audited.
Bentley responded to a sufferer who tweeted that the 2021-2022 the protocol included ten totally different audits from six corporations.
March 17 Bentley stated on Twitter that it was probably the most troublesome interval of his life as he needed to sacrifice time together with his new child son. For this, he stated he would by no means forgive the attacker.
The CEO reiterated the undertaking’s dedication to discovering the gunman and appealed to anybody with info that would result in his arrest.
Bentley concluded that:
“Everybody concerned with Euler works tirelessly to ship the very best outcomes as rapidly as doable.
