Euler

In Todays Headline TV CryptoDaily News:

G7 to collaborate on tighter crypto regulation.
The next G7 meeting might bring a push from the seven biggest democracies for tougher regulations on cryptocurrencies around the world. Among G7 members, Japan already regulates cryptocurrencies, while the European Union’s Markets in Crypto-Assets regulation is set to go into effect in 2024.
Euler Finance hacker sends 51,000 stolen Ether back to protocol.
The hacker behind Euler Finance’s $200 million exploit earlier this month returned a majority of the stolen funds to the protocol. Euler's native EUL tokens were up 25%, with the majority of the move coming after the hacker returned tokens to the protocol – which may have fueled positive sentiment among traders.
Bitcoin surged 40% since SVB's collapse.
Bitcoin is having a "watershed moment" thanks to the ongoing banking crisis. The cryptocurrency has surged nearly 40% since early March when SVB's collapse unleashed mayhem in the banking system. 
BTC/USD skyrocketed 1.0% in the last session.
The Bitcoin-Dollar pair skyrocketed 1.0% in the last session. The MACD is giving a positive signal, which matches our overall technical analysis. Support is at 268721 and resistance at 280841.
The MACD is currently in the positive zone.

ETH/USD gained 0.9% in the last session.
The Ethereum-Dollar pair gained 0.9% in the last session. According to the Stochastic-RSI, we are in an oversold market. Support is at 1692.271 and resistance at 1786.651.
The Stochastic-RSI points to an oversold market.

XRP/USD rose 0.3% in the last session.
The Ripple rose 0.3% against the Dollar in the last trading session. The Stochastic indicator's positive signal is in line with the overall technical analysis. Support is at 0.4013 and resistance at 0.4855.
The Stochastic indicator is giving a positive signal.

LTC/USD skyrocketed 1.3% in the last session.
The Litecoin-Dollar pair skyrocketed 1.3% in the last session. The MACD's positive signal is in line with the overall technical analysis. Support is at 87.91 and resistance at 95.781.
The MACD is currently in the positive zone.

Daily Economic Calendar:
US Dallas Fed Manufacturing Business Index
The Dallas Fed conducts the Texas Manufacturing Outlook Survey monthly to obtain a timely assessment of the state's factory activity.  The US Dallas Fed Manufacturing Business Index will be released at 14:30 GMT, the US 3-Month Bill Auction at 15:30 GMT, and Germany's IFO – Business Climate at 08:00 GMT.
US 3-Month Bill Auction
Treasury bills are short-term securities maturing in one year or less. The yield on the bills represents the return an investor will receive by holding the bond until maturity.
DE IFO – Business Climate
The IFO Business Climate index is regarded as an early indicator of current conditions and business expectations. The Institute surveys enterprises on their assessment of the economic situation.
DE IFO – Current Assessment
The IFO Current Assessment regarded as an indicator of current conditions and business expectations in Germany. The Institute surveys enterprises on their assessment of the current business situation and their short-term planning. Germany's IFO – Current Assessment will be released at 08:00 GMT, Japan's Coincident Index at 05:00 GMT, Japan's Leading Economic Index at 05:00 GMT.
JP Coincident Index
The Coincident Index released by the Cabinet Office is a single summary statistic that tracks the current state of the Japanese economy. 
JP Leading Economic Index
The Leading Economic Index is an economic indicator that consists of 12 indices such as account inventory ratios, machinery orders, stock prices and other leading economic indicators.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

BTC Up 40% Since SVB Debacle, Crypto Daily TV 27/3/2023

The hacker made two transactions, and the total value exceeds $100 million worth of ETH.

EUL Jumps 35% as Euler Finance Hacker Returns Another $100M Worth of Ethereum

EUL, the native token of the DeFi lending protocol Euler Finance, is currently experiencing an impressive price rally driven mainly by news of the protocol recovering some of the stolen funds from the $200 million hack that occurred earlier this month.  EUL Gains 25% In 24 Hours According to data from Coingecko, EUL is up 25% in the last 24 hours since the release of the news, indicating growing positive sentiment among its investors. Euler Finance is an Ethereum-based DeFi protocol that allows users to borrow and lend almost any cryptocurrency. On March 13, Euler Finance suffered an attack resulting in the loss of crypto assets worth $200 million. By exploiting the flash loan mechanism on the platform, the hacker was able to move huge amounts of funds off Euler in the form of dai (DAI), wrapped Bitcoin (WBTC), staked ether (sETH) and USD Coin (USDC).  Looking at EUL’s broader performance, the token has gained 16.8% in the last seven days. However, its current market price represents a 53.7% decline from a month ago. At the time of writing, EUL is trading at $3.60 with a daily volume of $5.42 million and a market cap of $59.03 million. Meanwhile, Euler Finance is reported to have a TVL of $9.7 million based on data on Defillama. EUL trading at $3.71 | Source: EULUSD chart on Tradingview.com Related Reading: MakerDAO Maintains Trust In USDC Despite Depeg Debacle Hacker Returns $90 Million From Exploit  In the days following the heist, Euler Finance began efforts to recover the stolen assets, first by offering the hacker a deal to retain 10% of the loot and return the remaining, albeit the proposition was ignored. Thereafter, they offered a $1 million reward for information that could lead to the arrest of the hacker. However, in an interesting turn of events, the hacker suddenly returned a huge chunk of the funds to Euler’s Finance yesterday. Prior to this development, the hacker had previously returned 3,000 ETH, currently valued at $5.3 million, on March 18.  According to data from Etherscan, Euler’s hacker sent over 51,000 ETH, worth over $90 million, to the protocol’s deployer address in the afternoon of yesterday, March 25.  So far, there is no official statement by Euler explaining this development. But as expected, the partial recovery of the loot has bumped up investors’ confidence in the protocol, contributing to the current price rally of Euler’s native token EUL.  Following the news of this development, EUL’s price rose 60.4% to reach $4.38. However, the token soon experienced a slight recorrection, finding support around the price region of $3.38 before resuming its bullish trajectory. That said, hacks and exploits still remain one of the biggest issues facing the crypto space. According to a report by The Fintech Times, a total of $8.9 billion has been lost to crypto security attacks since 2011.  Related Reading: Number Of Ethereum Addresses In Profit Hits 10-Month High As ETH Continues Rally Featured Image: IT Weapons, chart from Tradingview

Euler (EUL) Up 25% As Hacker Returns 51,000 ETH From Stolen Loot

Euler Finance exploiter returned over 58,000 Ethereum — worth over $100 million on March 25. The returned funds shot its EUL token up by 28%.
The post Euler Token Gains 28% as Exploiter returns 58,000 Stolen ETH appeared first on BeInCrypto.

Euler Token Gains 28% as Exploiter returns 58,000 Stolen ETH

On-chain data shows that Euler Finance hacker has returned 3000 ETH (roughly $5.4 million) to the DeFi project deployer.
The post Euler Finance Attacker Returns 3000 ETH From Stolen Funds, EUL Rises 80% appeared first on BeInCrypto.

Euler Finance Attacker Returns 3000 ETH From Stolen Funds, EUL Rises 80%

The EUL token price of Euler Finance experienced a sharp decline of 26.2% due to the assault on its lending protocol. The crypto community was alerted to the attack by BlockSec, a firm that audits smart contracts. The project suffered a loss of $177 million through four transactions, which occurred one year after a funding […]
The post Euler DeFi Protocol Faces Loss of $177M In Major Attack appeared first on Coin Edition.

Euler DeFi Protocol Faces Loss of $177M In Major Attack


                    
                    The Crypto Winter Recovery Summit demonstrated how traders could’ve multiplied their investment by 120 while the market lost two-thirds of its value. 
                    On its live summit, “The Crypto Winter Recovery Plan,” Cointelegraph Markets Pro revealed how traders could have mostly avoided a gut-wrenching 75% pullback in the crypto market while securing mind-boggling gains. The Cointelegraph Markets Pro team argues that while hodlers tied their capital into a capitulating market, nimble Markets Pro members were able to capitalize on real-time, institutional-grade crypto market intelligence to capture significant risk-adjusted profits. The results were staggering!Cointelegraph Markets Pro traders could’ve secured returns up to 120 times their initial investment — 12,000%, not 120% — using alerts initiated by the NewsQuakes™ indicator, one of several indicators found in its easy-to-use dashboard...Returns trading on news alerts. Source: Cointelegraph Markets ProMeaning anybody who would have bought every NewsQuakes™ listing alert and held it for just one hour, from January 2021 until November 2022, would have turned every $100 into $12,000, and every $10,000 into $1.2 million. While over the same period, the crypto market lost two-thirds of its total value. Cointelegraph Markets Pro dashboard.The secret to the outperformance is the Cointelegraph Markets Pro platform. During the live event, the Cointelegraph Markets Pro team argued that the platform is the most actionable crypto trading service in the world — and the results support this claim. Last year, a small group of traders used the platform to generate an average of 17 winning double-digit trades per month, with some triple-digit winners mixed in:148% gain on DIGG in 84 hours127% gain on XMON in 36 hours111% gain on EUL in 36 hours152% gain on SANTOS in 96 hours148% gain on STG in 12 hoursAt its core, Cointelegraph Markets Pro is an institutional-grade trading platform that relies on artificial intelligence (AI) to produce alerts for potential price movements before they occur. Historically, this kind of technology was privy only to Wall Street’s elite. Now, the same AI-driven technology institutions use to beat the market is available to retail investors.“It’s really the only crypto trading platform in the world that alerts you to a combination of social media activity and big, market-moving news in real time… before most crypto traders know the information is impacting the market,” said Cointelegraph Markets Pro director Russell DeCorte. The Cointelegraph Markets Pro platform is not a trading system or a trading bot; rather, it’s a robust, institutional-grade crypto market intelligence platform. The platform feeds traders alerts in real time based on its three flagship indicators. 1. NewsQuakes™Newsquakes™ from the dashboard view and the assets’ returns (on the left). Source: Cointelegraph Markets ProThe NewsQuakes™ indicator delivers real-time alerts generated by developments that impact asset prices the most. Prime examples of NewsQuakes™ include exchange listings and partnership announcements. 2. VORTECS™ ScoresThe top VORTECS™ Scores of assets over 24 hours. Source: Cointelegraph Markets ProThe VORTECS™ Score compares a variety of factors including an asset’s current sentiment, Twitter activity, trading volume and price movement to its historical data and produces a score between 1 to 100. A high score suggests that current market conditions for an asset have historically been bullish within the last 24 hours. Traders used the VORTECS™ Score to generate the following returns: 66% gain on ALEPH in 36 hours44% gain on RAD in 48 hours33% gain on HXRO in 24 hoursThe opposite is also true for the VORTECS™ Score, meaning a low score typically correlates to bearish conditions for the asset.3. Tweet SentimentTwitter volume profile of five assets and their relative changes. Source: Cointelegraph Markets ProThis indicator measures the positivity or negativity of the chatter on Twitter surrounding an individual coin. The cryptocurrency market is extremely sensitive to sentiment, which is the prevailing attitude that investors have toward any given coin. The sentiment ranges from positive to neutral to negative. Armed with these three powerful tools, traders were able to capture: 99% gain on MNW in 24 hours125% gain on SWINGBY in 72 hours208% gain on BSW in 4 hours99% gain on PRQ in 96 hours167% gain on WING in 72 hoursHere’s the craziest part — these gains were captured in a six-month period when the market dropped 60%. Picture reaping a 208% gain on BSW in four hours, while hodlers watched their portfolio tank by over half. The monetary appreciation is exceptional, of course, but the emotional gain may even be more rewarding. Sophisticated doesn’t mean complexWhile the Cointelegraph Markets Pro platform involves some complex AI technology, it was designed to be easy to use by an individual retail trader. The summit explained this with clarity; profiting from a Newsquakes™ alert, for example, can be a simple five-step process: Receive a Newsquakes™ alert. Go to the Newsquakes™ page on Cointelegraph Markets Pro. Go to the Newsquakes™ highlights and sort by “latest” to find the recent alert. Click the token name in the list to go to the individual token-listing page.Scroll to the “most liquid pairs” section, pick an exchange and click “trade.” That’s all there is to it! Cointelegraph Markets Pro value“Giant crypto trading institutions pay as much as $60,000 per year for this kind of information,” the Cointelegraph Markets Pro Crypto Winter Recovery Summit shared. “You’re about to get the bargain of a lifetime!” While most investors’ crypto portfolios got clobbered in 2022, Cointelegraph Markets Pro users were able to get access to four winning alerts per week, 17 winner alerts per month and 204 winning alerts per year. Cointelegraph Markets Pro users continue to crush the market in 2023. They’re prepared to discover the alpha no matter the market conditions. To join these successful users, membership is only one click away at the link below.See how Cointelegraph Markets Pro delivers market-moving data before this information becomes public knowledge.Cointelegraph is a publisher of financial information, not an investment adviser. We do not provide personalized or individualized investment advice. Cryptocurrencies are volatile investments and carry significant risk including the risk of permanent and total loss. Past performance is not indicative of future results. Figures and charts are correct at the time of writing or as otherwise specified. Live-tested strategies are not recommendations. Consult your financial adviser before making financial decisions. All ROIs quoted are accurate as of March 7th, 2023. 

Recapping Cointelegraph Markets Pro’s Crypto Winter Recovery Summit

March 2023 is set to see a flood of tokens enter the market, with 18 projects scheduling their unlocks during the month. The wave of unlocks will see $640 Million worth of tokens set to enter the market.
Just the first day of March will see $224 million worth of tokens enter the market, accounting for nearly 34% of the unlocks scheduled.
Tokens To Flood The Market
Data from Token Unlocks has shown that 18 projects have scheduled their token unlocks for the month of March. This unlocking spree will see nearly $650 million worth of tokens flood the market. Out of the 18, six projects will unlock their tokens on the 1st of March, accounting for nearly $225 million of the $650 million estimated to be unlocked on the 1st of March will see Euler (EUL), Acala (ACA, Hedera (HBAR), 1inch (1INCH), Stepn (GMT), and Galxe (GAL) unlock their tokens.
The Hedera (HBAR) unlock is set to be the largest token unlock during the month, with the protocol set to release 3 million HBAR tokens worth over $218 million. Euler (EUL) will be unlocking $201,600 worth of EUL tokens each day until the total value of tokens released reaches $885,368. GMT will take a similar approach, releasing $221,932 worth of tokens every day.
1INCH, ACA, and GAL will release $37,128, $4.2 million, and $1.1 million worth of tokens, respectively.
Other Unlocks During The Month
Other projects that have scheduled unlocks during the month are Nym (NYM) which will be unlocking $1.3 million worth of tokens on the 3rd of March. This accounts for 0.5% of the token’s total supply. The 8th of March will see Tornado Cash (TORN) release 175,000 tokens worth $1.4 million. Moonbeam (GLMR), Aptos (APT), dYdX (DYDX), Sweat Economy (SWEAT), and BitDAO (BIT) have scheduled their unlocks for March 11th, 12th, 13th, 14th, and 15th, respectively.
GLMR will be releasing $89,000 worth of tokens every day until the total value of tokens released hits $4.27 million. SWEAT will undergo a cliff unlock, releasing $72,900 each day until the value reaches $1.5 million. Aptos (APT), dYdX (DYDX), and BitDAO (BIT) will be releasing $54.8 million, $19.6 million, and $109 million, respectively. Other protocols include ApeCoin (APE), Stargate Finance (STG), LooksRare (LOOKS), Immutable X (IMX), and Yield Guild Games (TGG).
ApeCoin To Unlock $205 Million Worth Of Tokens
ApeCoin had already released 7.3 million APE tokens into the market on the 16th of February, which was around 0.7% of the total APE supply. Following the release, the price of the token dropped by 10%. The next token unlock has been scheduled for the 17th of March and will see 40.6 million APE tokens, worth around $215 million, released into the market. This represents 4% of the total supply, with market watchers predicting a more considerable impact on the token’s price. ApeCoin has stated that it will continue to release tokens into the market each month until March 2026.
Meanwhile, BitDAO, which had unlocked $106 million worth of tokens on the 14th of February, saw the price of the BIT token hold despite the increased supply. With the next unlock scheduled for the 15th of March, with the protocol set to release 187 million BIT tokens.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.