Euler Finance Suffers Flash Loan Attack, Loses Millions in Multiple Cryptocurrencies

Euler Finance, an Ethereum-based noncustodial lending protocol, suffered a flash loan attack on March 13, resulting in the loss of millions in Dai, USD Coin, staked Ether, and wrapped Bitcoin. The attacker stole nearly $196 million in multiple transactions, making it the largest hack of 2023. On-chain data indicates that the attack is related to a deflation attack that occurred one month ago, and the attacker used a multichain bridge to transfer funds from the Binance Smart Chain to Ethereum. (Read More)

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Binance to Withdraw From Canadian Market Due to Regulatory Climate

Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian market.” The company thanked the regulators who worked with them and said that the Canadian market was “small.” Binance Bows Out of Canada Due to Regulatory Guidance The cryptocurrency exchange Binance has decided to withdraw

The post Binance to Withdraw From Canadian Market Due to Regulatory Climate appeared first on BTC Ethereum Crypto Currency Blog.

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Blockchain security firm freezes $160K stolen in Merlin DEX ‘rug pull’

CertiK has contacted law enforcement in the United States and the United Kingdom to find the pseudonymous operators.

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