#hack exploit

[thecryptoreport]

After Yearn exploit, attacker funds frozen and reimbursement plans developing

After Yearn exploit, attacker funds frozen and reimbursement plans developing

Following an exploit last night that cost yield vault project Yearn.finance $11 million in stablecoin DAI, crypto community members from multiple projects have rallied to mitigate the effects, reclaim exploited funds, and reimburse affected users.  First reported by the project at 5:09 pm EST, the exploit was a complex arbitration attack on Yearn’s version 1 DAI yield vault. According to a…

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