Euler finance hacker moves stolen fund as protocol offers $1M bounty

Euler Finance hacker has began transferring among the stolen funds by means of sanctioned mixing protocol Twister Money, in line with on-chain information.

Blockchain analytics agency PeckShield reported that the hacker moved 1000 Ethereum (ETH) into the Twister Money mixer by means of an middleman deal with “0xc66d…c9a.”

The agency added that the hacker nonetheless holds 1,500 ETH — roughly $2.47 million — on the identical deal with.

Blockchain safety agency Certik corroborated Peckshield’s report, including that the “0xc66d” deal with is labeled as Fake_Phishing76535 on Etherscan.

Euler affords $1 million bounty

In the meantime, Euler Labs has offered a $1 million reward to anybody who can present data that would result in the retrieval of the stolen funds and the hacker’s arrest.

The protocol has arrange a bounty restoration fund — the deal with has been funded with $1 million USDC as of press time.

Earlier than then, the decentralized finance (DeFi) protocol had provided the hacker 10% of the funds by means of an on-chain message. The protocol warned {that a} refusal may result in the “arrest and the return of all funds.”

Euler customers beg attacker for refund

In the meantime, the attacker confirmed kindness by sending 100 ETH — $166,000 — to an Euler consumer who mentioned the exploit robbed him of his 78 wstETH life financial savings on the protocol. “You may’t think about the mess I’m into proper now, fully destroyed,” the consumer added.

The transfer has attracted a number of others begging the attacker for a refund. One of many on-messages reads:

“You’re a legend. Congratulations in your large win. I had cash that my spouse and I desperately wanted for a home invested in Euler. My spouse goes to kill me if we will’t afford our home.”

The attacker’s motion has elicited a number of speculations from the neighborhood, which argues that this reveals that there are hopes for funds restoration