{"id":314822,"date":"2023-04-04T09:50:07","date_gmt":"2023-04-04T08:50:07","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=314822"},"modified":"2023-04-04T09:50:07","modified_gmt":"2023-04-04T08:50:07","slug":"euler-surges-15-after-protocol-recovers-all-stolen-funds","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/euler-surges-15-after-protocol-recovers-all-stolen-funds\/","title":{"rendered":"Euler surges 15% after protocol recovers all stolen funds"},"content":{"rendered":"<p>Euler's <a href=\"https:\/\/cryptoslate.com\/coins\/euler\/\">EUL<\/a> token rallied by around 15% to as high as $<span class=\"holepunch holepunch-coin_price_usd\">3.96 in the last 24 hours, according to <em>CryptoSlate<\/em>\u00a0data.<\/span><\/p>\n<p>EUL's value had retraced to $<span class=\"holepunch holepunch-coin_price_usd\">3.40 at the time of writing.<\/span><\/p>\n<p>The decentralized finance (DeFi) project's positive price performance was influenced by news that it had recovered all the stolen funds from the March 13 <a href=\"https:\/\/cryptoslate.com\/euler-finance-eul-crashes-48-following-197m-hack\/\">hack<\/a>.<\/p>\n<p>An April 4 <a href=\"https:\/\/twitter.com\/eulerfinance\/status\/1643027386802270210?s=20\">statement<\/a> from Euler Labs, its developer, stated that:<\/p>\n<blockquote><p>&#8220;<span style=\"color: #333333;\">All of the recoverable funds taken from the Euler protocol on March 13th have now been successfully returned by the exploiter.&#8221;<\/span><\/p><\/blockquote>\n<p>The protocol added that it would no longer accept new information for its $1 million reward campaign that it used to incentivize the community to provide information on the exploiter.<\/p>\n<h2>Euler hacker refunds $177 million<\/h2>\n<p>According to available information, the Euler exploiter returned $177 million from the roughly $200 million stolen from the DeFi project.<\/p>\n<p>On-chain <a href=\"https:\/\/etherscan.io\/tx\/0x237309bd163e2f9b38d4a788d67d149c1f4e3016da33e790828b896295668ac4\">data<\/a> shows the exploiter <a href=\"https:\/\/etherscan.io\/tx\/0xd2434db80a22daf270d50682eefb45611647d39a5aa6e3632cc8bdf58b78cb97\">returned <\/a>$31 million in three transactions on April 3. Before then, the attacker had <a href=\"https:\/\/cryptoslate.com\/euler-hacker-offers-to-negotiate-return-of-funds\/\">returned part of the stolen funds<\/a> over several transactions since March 18.<\/p>\n<p>The hacker's initial transactions prompted speculations that he might not return the funds. The attacker <a href=\"https:\/\/cryptoslate.com\/euler-finance-hacker-sent-100eth-to-ronin-bridge-exploiter\/\">sent<\/a> 100 ETH to North Korea-linked hackers of the Ronin Bridge and <a href=\"https:\/\/cryptoslate.com\/euler-finance-hacker-moves-stolen-fund-as-protocol-offers-1m-bounty\/\">moved<\/a> 1000 Ethereum (<a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">ETH<\/a>) into the Tornado Cash mixer.<\/p>\n<p>Meanwhile, the hacker apologized for his actions in an on-chain message on March 28. The message <a href=\"https:\/\/etherscan.io\/tx\/0xedd8102ca037abaeb75ce6a1afe951d2953258392d891ff23510276993a5437c\">reads<\/a>:<\/p>\n<blockquote><p>&#8220;Jacob here. I don't think what I say will help me in any way but I still want to say it. I fucked up. I didn't want to, but I messed with others' money, others' jobs, others' lives. I really fucked up. I'm sorry. I didn't mean all that. I really didn't fucking mean all that. Forgive me.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Euler&#8217;s EUL token rallied by around 15% to as high as $3.96 in the last 24 hours, according to CryptoSlate\u00a0data. EUL&#8217;s value had retraced to $3.40 at the time of writing. The decentralized finance (DeFi) project&#8217;s positive price performance was influenced by news that it had recovered all the stolen funds from the March 13 [&hellip;]<\/p>\n","protected":false},"author":720,"featured_media":314833,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46940,76736],"tags":[78439,78444],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Euler surges 15% after protocol recovers all stolen funds<\/title>\n<meta name=\"description\" content=\"The Euler exploiter returned a total of $177 million from the roughly $200 million stolen from the DeFi project.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/euler-surges-15-after-protocol-recovers-all-stolen-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Euler surges 15% after protocol recovers all stolen funds\" \/>\n<meta property=\"og:description\" content=\"The Euler exploiter returned a total of $177 million from the roughly $200 million stolen from the DeFi project.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/euler-surges-15-after-protocol-recovers-all-stolen-funds\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-04T08:50:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/hack.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/euler-surges-15-after-protocol-recovers-all-stolen-funds\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/euler-surges-15-after-protocol-recovers-all-stolen-funds\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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