Saturday, April 20, 2024

DeFi Bridge News

Lazarus Group’s Sneaky Tactics: Attempts to Steal from Euler Finance Hackers

On March 15th, 2023, Euler Finance, a decentralised finance (DeFi) protocol built on the Ethereum network, suffered a flash loan attack resulting in the loss of $199 million worth of digital assets. However, on March 21st, 2023, new developments emerged as North Korea's Lazarus Group, the same group responsible for the $540 million Ronin Bridge attack last year, attempted to steal from the Euler Finance hacker responsible for the recent attack.

A partnership between Metropolis World and Flare Network will enable bridging between Metaverses

Using Flare's blockchain technology, users will be able to seamlessly move between different metaverse ecosystems and blockchains, such as Decentraland and Sandbox, a key aspect of Metropolis' metaverse vision.

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