1/3: Euler Labs, a decentralized finance protocol, announced a hacker who exploited a smart contract bug took $1.4 million in funds, but returned them on April 1st after the March 30th hack.
1/3: Euler Labs, a decentralized finance protocol, announced a hacker who exploited a smart contract bug took $1.4 million in funds, but returned them on April 1st after the March 30th hack.
What was the smart contract.?
Is it on an EVM chain?
2/3: Euler Labs confirmed the hacker returned all funds to the same address. The protocol fixed the bug and compensated affected users from its treasury, seen as a positive development in the DeFi ecosystem.
3/3: Euler Labs thanked the hacker for returning the funds and emphasized the importance of security in DeFi protocols. Hacks and exploits are unfortunately common in the DeFi world.