Euler attack causes locked tokens, losses in 11 DeFi protocols, including Balancer
Euler’s total value locked inside its smart contracts has dropped from over $311 million to $10.37 million since the exploit.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Euler’s total value locked inside its smart contracts has dropped from over $311 million to $10.37 million since the exploit.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
DeFi stalwart Balancer mulls shutdown after $130M hack
Once a household name in the DeFi sector, decentralized exchange Balancer is considering calling it quits. In a proposal posted to...
Balancer Proposes $9M Treasury Wind-Down After V3 Fails to Restore DeFi Revenue Growth
Key Takeaways: Marcus Hardt, CEO of Balancer, suggested an orderly winddown given the lack of revenue generation from the restruct...
A DeFi giant that once held $3 billion is now proposing to wind itself down
DeFi platform Balancer is proposing an orderly shutdown after a cost-cutting overhaul failed to revive revenue following last year...
Did crypto’s $20 Billion DeFi surge just get stolen by price inflation?
The central question behind DeFi's latest rebound is whether protocols gained fresh deployable liquidity or simply more valuable c...
A hacker turned 25 cents of bitcoin into 46 billion fake BTC tokens on a DeFi bridge
Two software bugs allowed the attacker to create more than 2,000 times Bitcoin’s maximum supply in unbacked syBTC. Symbiosis puts...
$55 million Aave stablecoin pool sees just $4.4 million available for withdrawals
Aave's USDT0 stablecoin lending pool on the Monad network displayed a 6.10% annual percentage rate over the weekend, but only abou...