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Euler Finance is a protocol that operates as a permissionless lending protocol. Its primary goal is to facilitate lending and borrowing of various cryptocurrencies for users. The UK-based tech startup utilizes mathematical principles to develop non-custodial protocols on Ethereum and other blockchain networks, with a focus on achieving high performance.
Tender.fi, a Decentralized Finance (DeFi) lending protocol, was recently hit by a white hat attack, causing a loss of $1.6 million. This is a detailed analysis for this Defi project attack event from Numen Cyber.