In a notable development, the Euler Finance exploiter has returned a substantial portion of the $200 million stolen funds to the protocol.
The Euler Finance hacker has been returning stolen funds over the past 24 hours, according to data collected by blockchain security firm BlockSec. With the latest repayment of 7,737 ETH, exploiters have now sent a total of 58,737 ETH (worth approximately $102 million) to the protocol.
This is a surprising turn of events in the Euler hack, which saw the protocol fall victim to an instant loan attack earlier this month, resulting in damage about $200 million value of digital assets.
More than six transactions each in Dai (DAI), Wrapped Bitcoin (WBTC), Stake Ether (SETH) and USDC were damaged, and were carried out by two attackers, crypto analytical firm MetaSealth said at the time.
return of stolen money comes as exploiter Sent An on-chain message to Euler called for an agreement with the protocol from earlier this week.
“We want to make it easy on everyone affected. We have no intention of keeping what is not ours. Establish secure communications. Let’s come to an agreement,” said the hacker.
euler team react With your own on-chain message, acknowledging the message and asking the exploiter to talk “privately”.
“Message received. Euler Deployer’s address and email via one of your EOA’s. Talk privately on Blockscan via signed messages. [email protected], or any other channel of your choice. Answer with your preference,” Euler said.
Earlier, Euler tried to cut a deal with the exploiters after the exploit, insisting that they return 90% of the stolen funds within 24 hours or face potentially legal consequences.
It is still unclear whether the Euler team has reached an agreement with the hacker, and if so, on what terms.
Euler Finance hackers turn against each other
In another turn of events, some of the hackers involved in the Euler Finance exploit recently promised to hand over detailed information about other hackers.
On March 25, a wallet containing 10 million DAI stolen from Euler sent an on-chain message claiming that they would be willing to hand over details about the Euler hacker in exchange for a 10% bounty, which the project had was presented earlier.
Subsequently, a text from another wallet linked to the hack, who identified himself as “Euler exploiter 3”, shared an email address and asked to contact Euler to spill the beans about the hacker. He also said that he was not interested in the reward.
Specifically, blockchain data revealed that an address controlled by the hacker from Euler Finance 100 ether sent ($170,515) for a wallet linked to the Ronin Bridge exploit, believed to be the Lazarus Group, a notorious North Korean hacker group.
This fueled speculation whether there could be some sort of affiliation between the North Korean hackers and the entity exploiting Euler Finance.
However, after Euler Hacker Sent Around 100 ETH is believed to be owned by one of the victims at a wallet address that previously begged the attacker to return his “life savings”, with some users arguing that North Korean hackers were likely involved. Not there.