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no one’s talking about this: Yearn Finance exploit reveals $9 million stolen in stablecoin pool breach 🧠💰📉
wait, yETH got exploited for $9 million?? 🤯 did they fix it yet or are we all screwed 🤔
wait bro, yETH got REKT in a stablecoin pool heist for $9 mil, but some funds came back 🚀💀
problem: Yearn Finance suffered a breach in a stablecoin pool, resulting in a $9 million theft.
insight: Recovery efforts have restored
Yearn Finance detailed the yETH exploit, revealing a breach in a stablecoin pool that allowed a thief to steal $9 million. Some funds have been recovered. The attack affected yETH but not v2 and v3 products. The attacker targeted a custom pool containing various tokens. Three stages of attack were outlined. Recovery efforts have so far reclaimed 857.49 pxETH, returning assets to depositors. A war room was convened swiftly after the breach. Governance rules indicate users are responsible for losses.
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