On March 18, roughly 3,000 Ether (ETH) — price $5.4 million — had been returned to Euler Finance’s deployer handle from the Euler Finance hacker’s handle. Blockchain investigator Peckshield recognized three transactions that had been used to ship the funds.
— PeckShield Inc. (@peckshield) March 18, 2023
Cointelegraph confirmed that 1,000 ETH per transaction was transferred to Euler’s deployer account. Nevertheless, possibilities that the hacker will return your complete loot of $197 million stay slim as no extra outbound transactions had been recorded on the time of writing.
On March 16, Euler Finance introduced a $1 million reward in hopes to trace down the hacker and retrieve the funds.
Right now the Euler Basis is launching a $1M reward within the hope that this gives further incentive for info that results in the Euler protocol attacker’s arrest and the return of all funds extracted by the attacker.
— Euler Labs (@eulerfinance) March 15, 2023
The exploiter was in a position to drain $197 million by means of a number of transactions and later used a multichain bridge to switch the funds from the BNB Sensible Chain to Ethereum.
Associated: Euler Finance hacked regardless of 10 audits in 2 years, says CEO
Quickly after a $1 million bounty was introduced towards the attacker, the stolen funds had been seen being moved into crypto mixer Twister Money.
#PeckShieldAlert @eulerfinance exploiter on the transfer
~1,000 $ETH into Twister Money by means of middleman handle 0xc66d…c9ahttps://t.co/LAkY66YpoF pic.twitter.com/0XhQV1nbgn
— PeckShieldAlert (@PeckShieldAlert) March 16, 2023
Euler Finance demanded that the hacker return 90% of the funds inside 24 hours to keep away from doable jail time.