Yearn Finance DeFi Project Hacked for $9 Million
On November 30, unknown attackers targeted the Yearn Finance protocol, resulting in a total loss of $9 million, according to blockchain security experts PeckShield.
Yearn Finance DeFi Project Hacked for $9 Million
On November 30, unknown attackers targeted the Yearn Finance protocol, resulting in a total loss of $9 million, according to blockchain security experts PeckShield.
Yearn Finance loses $1.4 million due to a transaction error
As a result of an 'erroneous scenario' multisig-transaction, Yearn Finance lost 63% of treasury funds in the yCRV LP pool.
Automated asset management in DeFi: pros and cons
We examine the features of automated asset management, popular yield aggregators and the risks DeFi investors should watch for.
As Andre Cronje exits the industry, yEarn Finance token price falls 11%
Fantom Foundation's senior solution architect Anton Nell and the ecosystem's leading DeFi developer, who is also the founder of yEarn Finance, Andre Cronje, have decided to leave the cryptocurrency industry.
Yearn.finance developers uncover vulnerability in Robo Vault DeFi project
Yearn.finance developers discovered a vulnerability in Robo Vault's yield farming smart contract, which could have cost it around $50 million. The team has assured users that their funds are safe.
Yearn Finance token surges above $90,000 after Woofy release
The DeFi project's token yEarn Finance (YFI) hit an all-time high around $95,000 after the Woofy cryptocurrency release. In 24 hours the digital asset rose more than 25%.
Grayscale registers yEarn.Finance trust as YFI climbs to $46,000
Grayscale Investments, the largest asset manager in crypto, could potentially launch a trust based on the DeFi project token yEarn.Finance. The investment product has been registered by a trusted representative of the firm — Delaware Trust Company (DTC).
yEarn.Finance reimbursed losses to the v1 yDAI pool after attack
The DeFi project yEarn.Finance has reimbursed the damage caused to the v1 yDAI pool as a result of an attack by an unknown attacker on February 5.
yEarn.Finance to reimburse insured users after attack
The founder of the DeFi project yEarn.Finance, Andre Cronje, promised to return funds lost in the hacker attack to those who purchased an insurance policy from Nexus Mutual and Cover Protocol partners. For other users, the question remains open.
Hacker drains $2.8m from yEarn.Finance DeFi pool
On February 5, the yEarn.Finance team discovered and fixed a vulnerability in the v1 yDAI pool. An unknown attacker managed to withdraw part of the funds.
DeFi project yEarn.Finance to issue YFI tokens worth $218 million
The yEarn.Finance community approved the proposal to increase YFI issuance by 6,666 tokens (~$218 million) with 83.46% of the vote.
DeFi project yEarn.Finance proposes to issue extra YFI worth $200 million
Eleven key participants in the DeFi project yEarn.Finance proposed increasing YFI issuance by 6666 tokens (~$200 million). The funds will go to reward core developers and create a reserve fund with subsequent distribution under community oversight.We use cookies to improve the quality of our service.
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