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Euler Labs Offers $1M Reward for Information on DeFi Breach as Attacker Steals $200M

Cointime Official

Euler Labs, a decentralized finance platform, has announced the launch of a $1 million reward to encourage individuals to provide information that leads to the arrest of the attacker responsible for the breach of the Euler protocol. The reward will also be given to those who help return all funds that were taken by the attacker. 

Euler, a lending protocol that held more than $400 million worth of user assets, has suffered a major exploit that could potentially be the largest DeFi breach of 2023. The attacker was able to steal approximately $136 million worth of stETH from Lido Finance, as well as $34 million of USDC, $18.5 million of WBTC, and $8.8 million of DAI.

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