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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/cxvps542/visegrad24.info/wp-includes/functions.php on line 6114Michael Bentley’s tweet revealing concerns about the $6 million hack at Euler Labs sparked an investigation into the incident and its implications for the DeFi community.<\/p>\n
Decentralized finance (DeFi) platform Euler Labs recently made headlines when it fell victim to a devastating hack, resulting in a loss of $6 million. Tweet by Michael Bentley<\/a> He highlighted the issue, which has raised concerns among the DeFi community about the integrity and security of the platform.<\/p>\n The hacker was able to exploit a vulnerability in the Euler Labs smart contract code, which led to the theft.<\/p>\n The attacker used Tornado Cash, a non-security Ethereum mixer, to launder 1,666.66 ETH (worth roughly $1.6 million) from the stolen funds. Tornado Cash enables users to maintain their privacy by obfuscating the transaction path, making it difficult for authorities to track and recover stolen assets.<\/p>\nEuler took a big hit<\/h2>\n