Some protocols have been indirectly affected by the exploit due to exposure to Idle Finance or Angle Protocol.
Contagion from the Dec. 12 flash loan attack against Euler has spread far and wide, resulting in frozen or lost funds for 11 different decentralized finance protocols, according to Dec. 13 reports from each of them on Twitter. Balancer, an Ethereum protocol with over $1 billion total value locked , is among the affected protocols. Below is a rundown of the major exploits and what we know so far.Balancer reported on March 13 that the Euler Boosted USD pool had been affected by the exploit.
At 10:00 UTC Balancer contributors became aware of an exploit on Euler. It was determined the best course of action was to pause and put into recovery mode bbeUSD and all pools containing bbeUSD. This was executed by the emergency subDAO at 11:00 UTC.As a result of a bug in the app’s user interface , liquidity providers cannot retrieve the remaining funds left in the pool. However, a new UI will be offered “in the near future” that will allow the remaining funds to be withdrawn, Balancer said.
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