Tags: EUL

In the ever-evolving landscape of cryptocurrency, it‘s a constant battle of innovation and adaptation. Cardano and Solana are two titans that have risen to prominence, each with its unique approach to blockchain technology. However, there‘s a newcomer in town, the Euler Network, with a revolutionary proposition that‘s set to disrupt the crypto market.

Jimbos Protocol hacked for over $7.5 million using flash loan exploit

Washington Crossing the Delaware by Emanuel Leutze (Wikimedia Commons)

(DALL-E/CoinDesk)

(Kevin Ku/Unsplash)

An unlikely exchange played out on the Ethereum blockchain, sparking confusion and alarm.

The Lazarus Group was behind the $625 million exploit of Axie Infinity’s Ronin network in March 2022.

Shares of Euler token fell 50 hours after an exploit on its protocol while First Republic shares fell roughly 62 following U.S. bank turmoil.

The losses occurred over four transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC.