Hacker mints 1 quadrillion yUSDT after exploiting old Yearn Finance contract

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Yearn Finance said that the problem seems exclusive to iearn, an outdated contract, and highlighted that the current Yearn contracts and protocols remain unaffected.

Sentiment recovers $870K after negotiations with hacker

After initial checks, lending platform Yearn Finance made a statement that the issue was limited to iearn, which was an outdated contract before Vaults V1 and V2. The DeFi protocol said that the current Yearn Finance contracts and protocols are not affected by the exploit.This problem seems exclusive to iearn and does not impact current Yearn contracts or protocols.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

YearnFinance is the only coin which once exceeded Bitcoin. Let's not forget that Potential to do it once again inspite the glitches I think so

Blockchain security firm PeckShield recently detected a hack that allowed the exploiter to mint over 1 quadrillion 🤑 Yearn Tether (yUSDT) from $10,000 in the latest decentralized finance hack.

Are there even 1QD USDs in existence? 😂

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