⚠️Yearn Finance was hacked
According to PeckShield, the V1 version of the DeFi protocol Yearn Finance was attacked, causing damages of approximately 300,000 USD. The attacker then converted the entire amount stolen into 103 ETH and withdrew from the protocol.
Notably, this is not the first incident. Just a few weeks ago, Yearn.finance also suffered another attack causing damages of up to 9 million USD, raising concerns about the safety of the V1 version as well as the security risks that still exist even with long-established DeFi protocols.
