Blockchain monitoring firm PeckShield has reported that Euler Finance, a crypto lending platform, lost $197 million in cryptocurrencies to cyber-criminals in a flurry of transactions on Ethereum. Independent researcher ZachXBT believes this was almost certainly an attack by malicious hackers. Euler Finance has acknowledged the hack and is currently working with security professionals and law enforcement to determine the extent of the damage. Crypto Token Prices Plunge After Euler Finance Hack The cyber-attack has had a significant impact on Euler Finance’s crypto token prices, which fell drastically after the news broke. The extent of the damage caused by the attack The post Crypto Lending Platform Loses $197 Million to Cyber-Criminals appeared first on Cryptoknowmics-Crypto News and Media Platform .
