Euler (EUL) Finance exploiter despatched 100 Ethereum (ETH) — value $170,468 — to the Ronin Bridge exploiter on March 17.
On-chain analyst Lookonchain questioned whether or not the transaction confirmed that the 2 hackers have been the identical individual or if the switch was intentional.
The Ronin Bridge exploit was linked to the notorious North Korean hacker group Lazarus — circulating speculations of whether or not the group was additionally behind Euler Finance’s exploit.
In the meantime, the transaction doesn’t present conclusive proof concerning the relationship between each events. The Euler Finance attacker had tried to obfuscate his transactions by sanctioned mixing protocol Twister Money. The attacker additionally despatched 100 ETH to one of many victims of the exploit.
The Lazarus group was chargeable for the $625 million Ronin bridge exploit in March 2022, in line with the Federal Bureau of Investigation (FBI). The US Division of the Treasury added the hacker group to its Workplace of International Property Management (OFAC) sanctions listing.
The FBI has additionally held Lazarus Group and APT38 as chargeable for the $100 million exploit of the Horizon bridge. Though the North Korean authorities has denied sponsoring Lazarus and APT38, regulation enforcement businesses have linked a number of crypto assaults to North Korean hackers.
Euler Labs CEO mentioned exploited codes have been audited
The Euler Labs CEO Michael Bentley mentioned the DeFi protocol has at all times been a security-minded undertaking, including that its good contracts — together with the susceptible strains of code — have been audited.
Bentley was responding to a sufferer who tweeted that the protocol had had ten completely different audits from six corporations between 2021 and 2022.
In a March 17 Twitter thread, Bentley mentioned this was probably the most difficult interval of his life as he needed to sacrifice time together with his new child son. For this, he mentioned he would by no means forgive the attacker.
The CEO reiterated the undertaking’s dedication to discovering the attacker, urging anybody with info that would result in his arrest to come back ahead.
Bentley concluded that:
“Everybody related to Euler is working tirelessly to realize the very best outcomes as shortly as doable.”