After numerous attempts to solicit community backing and recompense #Euler hackers, 3000 #ETH have now been restored.

In the past, the scheme also required hackers to return 90% and keep 10% as a prize, which would have been the equivalent of around $20 million. #Hackers did not respond, therefore the project was forced to turn to the public for assistance and offer a $1 million reward to anyone who could discover the hacker's hint.

Based on information made public by the security company #BlockSec today, the Euler attackers have begun returning funds, with 3,000 ETH (or roughly $5 million) restored so far. The BlockSec tweeted:

“We observed that the #Euler attacker 0xb66cd966670d962C227B3EABA30a872DbFb995db is returning money to Euler finance now. 3000 Ether was returning so far."

But yesterday, hacker Euler began acting oddly after sending 100 ETH to the infamous hacking collective #Lazarus Group. After last year's Ronin hack, he expressed concern that this might be the reason for the hundreds of millions of dollars' worth of hack.

As was previously mentioned, on March 13, independent security researcher CIA Officer claimed on Twitter that the DeFi Euler Finance loan agreement was compromised for a total of about $197 million, consisting of 8,877,507.35 DAI, 849.14 WBTC, 34,413,863.42 USDC, and 85,818.26 stETH, while being monitored by the BlockSec security team.

Euler Finance, a lending platform built on Ethereum, finished fundraising $32 million in June of last year. Variant, FTX Ventures, and Jump Crypto all took part in the investment, which was organized by Haun Ventures.

Later this year, a DAO will be introduced, enabling users to exercise administrative rights over Euler Finance's growth and operations and choose how their community funds will be used, based on Euler.

The auditing and testing of security updates to ensure the preservation of user assets when the agreement is reopened on the mainnet has now been completed, based on the #NFT lending platform ParaSpace.

The withdrawal timelock contract is being revised at the moment and will be assessed and tested in the coming days.

To maintain the platform's safety and security, the #ParaSpace team decided to reopen the protocol in stages, prioritizing repayment, supply, liquidation, lending, withdrawals, and timelock enhancements, in collaboration with the #BlockSec team and 12 other top security experts and auditors assembled by Secure3.

The team expects that all platform features will be ready by March 25. The platform's repayment function has been introduced in its initial step, with the purpose of allowing users to settle their debts while liquidation is still halted.

After the agreement is activated, ParaSpace will begin manually claiming and compounding #APE staking payouts for users in the APE pool. During the gradual reopening, users who just have APE in the APE pool will be able to benefit from automated compounding.

The team will also explain their reward program for consumers impacted by the protocol stop and phased implementation during an AMA tomorrow at 7:00 PM EDT.

On March 17, hackers attempted to compromise the Paraspace platform. Nonetheless, BlockSec immediately detected and stopped the hacker's scam, seizing possession of the 2,900 ETH ($5 million) that was going to be lost. BlockSec then notified the loan project, and Paraspace paused the protocol immediately to examine the issue. In line with the initiative, all NFTs deposited on the platform are secure.