According to BlockBeats, on August 13, Euler Finance, a cryptocurrency lending platform, announced the release of 29 audit reports from 12 different cybersecurity firms for its 'v2' relaunch. These reports indicate that all identified security issues have been resolved.

Additionally, the protocol conducted a public post-audit bug bounty program worth $1.25 million, which did not uncover any security issues of medium or higher severity.

The reports highlighted that over $4 million was spent to enhance security in support of Euler's relaunch.