Lazarus Group's Sneaky Tactics: Attempts to Steal from Euler Finance Hackers
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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.
The Phishing Attempt
The Lazarus Group sent a message from the Ethereum account used in the Ronin Bridge attack, directing the Euler Finance hacker to decrypt a message using a specific piece of software. The message contained a phishing attempt that aimed to steal the stolen funds from Euler Finance.
Euler Finance’s Response
Euler Finance, aware of the vulnerabilities in the software, stepped in to warn the hacker about the risks involved in using the software. The warning from Euler Finance was an …
The Phishing Attempt
The Lazarus Group sent a message from the Ethereum account used in the Ronin Bridge attack, directing the Euler Finance hacker to decrypt a message using a specific piece of software. The message contained a phishing attempt that aimed to steal the stolen funds from Euler Finance.
Euler Finance’s Response
Euler Finance, aware of the vulnerabilities in the software, stepped in to warn the hacker about the risks involved in using the software. The warning from Euler Finance was an …