Decentralized Stable Currency Protocol

On March 15th, it was reported that the decentralized stable currency protocol, Angle Protocol, had prepared a detailed overview of the post Euler Finance hacker attack protocol based on the information on the chain. Among them, the affected USDCs were approximately $17.52 million, and the total value of the tokens held by the DAO (including agEUR) was approximately $19.59 million. The team is closely monitoring the situation and working with the authorities to provide all assistance it can provide to investigate the hacker attack, The update will be shared as soon as it is received. Angle Protocol: The USDC affected by hacker attacks is approximately $17.52 million, and the DAO still holds nearly $20 million in tokens Analysis based on this information:Angle Protocol, a decentralized stable currency protocol, recently released an overview of the post Euler Finance hacker attack protocol, which was based on the information extracted from the blockchain. The attack had a significant impact on the company, with…

On March 14, the official of the decentralized stable currency protocol, Angle Protocol, said that AngleProtocol was affected by Euler’s vulnerability exploitation, and the protocol deposited 17.6 million USDCs into Euler. The agreement has been suspended, the debt ceiling has been set to 0, and Euler AMO has been closed. The situation is being monitored and will be updated immediately after receiving the update. Angle Protocol: 17.6 million USDC funds are affected by Euler attack Analysis based on this information:On March 14, an official from the Angle Protocol revealed that the decentralized stable currency protocol had been affected by Euler’s vulnerability exploit. According to the announcement, the attackers had deposited 17.6 million USDCs into Euler, which is an algorithmic money market protocol built on the Angle Protocol. As a result, the Angle Protocol has suspended the agreement, set the debt ceiling to 0, and closed Euler AMO, the asset management platform that provides liquidity to Euler. Euler’s vulnerability refers to…