North Korean Lazarus Group tries to phish Euler exploiter

by Jeremy

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CoinDesk Consensus

A pockets linked to the Ronin bridge exploiter despatched 2 Ethereum (ETH) — price $3,586 — to Euler Finance (EUL) hacker on March 17, based on on-chain knowledge.

The transaction was hooked up with a message urging the Euler Finance hacker to decrypt an encrypted message.

Polygon’s chief data safety officer Mudit Gupta stated the hooked up message was a phishing try. Gupta added:

“DPRK [Ronin Bridge exploiter] simply despatched an on-chain message to Euler exploiter, attempting to phish him and anybody else silly sufficient to enter their personal key within the instrument they shared.”

Gupta additional warned the group to not ever enter their “personal key on any web site or instrument.”

Blockchain safety agency Hexagate corroborated Gupta’s view. The agency added, “the Ronin bridge attacker was attempting to take advantage of the Euler attacker by luring him into working a weak program.”

In the meantime, this isn’t the primary time each exploiters would work together with themselves. The Euler attacker despatched 100 ETH to the Ronin Bridge hacker on March 17.

The Ronin Bridge exploit was linked to the notorious North Korean hacker group Lazarus.

Euler Labs urge attacker to not open message

In the meantime, the decentralized finance (DeFi) protocol developer Euler Labs informed its exploiter to not open the encrypted message below any circumstance. The protocol additional urged the exploiter that “the only means out right here is to return funds.”

The venture elaborated that the steered decryption instrument was an previous model of a weak elliptic. In keeping with the builders, the personal keys concerned within the decrypting could be revealed after some ECDH operations.

The Euler exploiter had returned 3000 ETH to the DeFi venture and had expressed willingness to return the stolen funds.



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