Euler Finance Suffers Security Breach as 100 ETH Transferred to North Korean Address
The cryptocurrency world was recently rocked by news that Euler Finance, a decentralized finance (DeFi) protocol, suffered a security breach that resulted in the transfer of 100 ETH to a North Korean address. This incident has raised serious concerns about the security of DeFi protocols and the potential for malicious actors to exploit them.The breach occurred on May 5th when an unknown hacker exploited a vulnerability in Euler’s smart contract code. The hacker was able to transfer 100 ETH from Euler’s treasury to a North Korean address. The incident was