DeFi Protocols Aave, Yearn Finance Likely Impacted in Exploit: PeckShield

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.Aaveaave and iearnfinance were likely involved in an exploit this morning with potential losses to the tune of millions of dollars. By shauryamalwa

Decentralized finance protocols Aave and Yearn Finance were likely impacted in an exploit this morning, security firm PeckShield tweeted.

Aave integrations lead Marc Zeller said in a tweet that the impact to the protocol was limited as version 1 was"frozen since Dec 2022.""The current size of V1 is $18M, and the current size of the Aave safety module is $382.50M," Zeller said, adding in a separate tweet that version 2 and version 3 of Aave were not impacted at writing time.

 

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AaveAave iearnfinance shauryamalwa More $$$ to North Korea for their missile program. Good job AAVE YearnFinance

AaveAave iearnfinance shauryamalwa UPDATE (April 13, 07:53 UTC): Clarifies Aave was not directly impacted and that Yearn Finance's yUSD caused the exploit instead

AaveAave iearnfinance shauryamalwa AndreCronjeTech did this theft

AaveAave iearnfinance shauryamalwa Didn't impact Aave

AaveAave iearnfinance shauryamalwa Move your money to Bitcoin please! Save your hard earned money.

AaveAave iearnfinance shauryamalwa Naaaaa pas AaveAave 😑

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