Yearn Finance V1 suffers hundreds of thousands of dollars in theft



According to recent reports from the cryptocurrency news platform PANews, the decentralized finance (DeFi) protocol Yearn Finance V1 was targeted by hackers, resulting in a loss of approximately $300,000.

Analysis of monitoring data shows that the attacker converted the stolen funds into Ethereum (ETH) and transferred the funds to the current address 0x0F21...4066 in the form of 103 ETH. This series of movements confirms that the attacker is holding the stolen funds in a traceable form on the blockchain. Security incidents in DeFi protocols serve as a warning to the entire industry, and users of protocols including Yearn Finance are advised to exercise increased caution in managing their funds.
ETH1.08%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)