Euler Finance DeFi Protocol Attack Leaves It $197 Million Short in Crypto Assets

Non-custodial DeFi (decentralized finance) lending protocol Euler Finance lost
$197 million worth of digital assets after it was hit by a crypto flash loan
attack on Sunday.

Perpetrators stole multiple crypto tokens, including $135.8 million worth of
stETH, $8.75 million in DAI, $33.85 million in USDC, and $18.5 million in WBTC.

Security companies are keeping a close eye on the ETH wallet used to siphon the
tokens, hoping it might prevent the criminals from moving the ill-gained tokens.

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