On Monday, the blockchain monitoring firm PeckShield sent an ominous tweet directed at the crypto lending platform Euler Fiance, simply saying: “Hi […] you may want to take a look.”
What the firm was suggesting Euler take a look at was a series of transactions that indicated there was an ongoing hack against Euler. According to PeckShield, hackers exploited Euler “in a flurry of transactions” which led to the theft of around $197 million in crypto. Crypto security firm BlockSec also reported the attack.
While this sounds like a lot of money—and it is—it’s only the 26th largest crypto theft ever, according to a website that keeps track of crypto hacks and scams.
“We are aware and our team is currently wor...
