The post Euler Finance Attacked for $200M Due to Bug Fix Error! appeared first on Coinpedia Fintech News
A $200 million attack on decentralized lending protocol Euler Finance in March was reportedly caused by a bug introduced as a result of a fix to a previous bug bounty report. Pseudonymous whitehat Kankodu claimed that their report on a “first deposit bug” had been awarded $50,000 and subsequently fixed, but inadvertently introduced a new function that enabled the larger exploit. The Euler team was able to recover most of the funds taken in the attack.
Don't forget to share your review/suggestions for the android app.
All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risks