News/Nearly $200M Stolen, Euler Finance Starts Working with Law Enforcement

Nearly $200M Stolen, Euler Finance Starts Working with Law Enforcement

Mar 13,2023,18:26

Lending protocol Euler Finance said that the team is aware of the hack, and is currently working with security professionals and law enforcement. It will release further information as soon as possible.

Earlier today, Euler Finance suffered a flashloan attack. According to BlockSec, the loss is around $197 million, including over 8.87 million $DAI, over 34 million $USDC and over 85.8k $stETH.

According to TokenInsight data, the price of $EUR dropped 41.54% over the last hour, trading at $3.4461 now.

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