A Yearn pool encountered an issue, and the entire market panicked.

RumbleValidator

2025-12-01 01:40:15

Abstract generation in progress

[Coin World] The market opened on Monday with a heavy blow - Bitcoin directly smashed through the $87,000 mark, falling over 3%, while Ethereum was even harsher, dropping 5%. Other alts basically couldn't hold up, with a general plummet starting at 4%.

Culprit? Yearn Finance's yETH pool was ruthlessly exploited. Hackers crazily minted yETH through a single transaction, directly draining the liquidity pool—1,000 ETH (approximately $3 million) evaporated in an instant, with funds running off to a mixer. The good news is that Yearn's V2 and V3 vaults remain relatively stable and were not affected.

But this wave of panic has already spread, and the market's reaction is faster than the spread of the virus.

BTC-6.25%

ETH-7.04%

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CryptoPunster

· 11h ago

Another one, Yearn has really been cleaned out this time, one pool exploded and the whole market followed to the grave. I have to give five stars to the hacker for this move, 3 million dollars gone in one transaction, this efficiency is faster than my Cryptocurrency Trading. To be honest, when I saw this, I knew the suckers would lose everything on this deal today, once the panic selling starts, nothing matters. The most ridiculous thing is the market reaction, what does Yearn's issue have to do with Ethereum? A pool's problem is being blown up as the apocalypse, these actors are going to be unemployed. V2 and V3 are fine, the news just spread like this, really never seen anything like it.

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ConsensusBot

· 11h ago

Here we go again, when Yearn has an issue, the entire market shakes along with it, this is the vulnerability of DeFi. A Hacker manipulated and siphoned off 3 million dollars; once the mixer runs, it's basically impossible to track. What good is V2V3 if nothing happens? Is the entire market only capable of withstanding this much pressure?

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SadMoneyMeow

· 11h ago

It's Yearn causing trouble again, and this time it really scared the market. Is it true that 3 million just disappeared like that from Yearn? The Hacker's actions are getting more ruthless, and DeFi has truly become a big casino. One pool punctured and the entire market wails along, this is the vulnerability of DeFi. When will Yearn ever make people feel at ease? Really.

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AllTalkLongTrader

· 11h ago

Yearn is up to something again, 3 million dollars just vanished like that, as if our money doesn't matter. The hacker's move is incredible, draining the liquidity pool with a single transaction, how ruthless must that be? Is it a contract vulnerability or an insider job? Either way, my heart can't take this kind of shock. Retail investors have to bear the risks for the pros again, it’s always the same. V2V3 are fine for now, otherwise the whole Yearn would collapse. This panic spreads like a plague, BTC has even dropped below 87k. When will DeFi truly become safe? It feels like there are new vulnerabilities every day. I just want to ask, who can tell me how to trust these projects? Once again proof, why is the security of Web3 so ridiculous? Looking at this situation, should I cut losses or continue to hold? I'm conflicted...

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GlueGuy

· 11h ago

Another incident? Yearn really dug a hole for itself this time. --- 3 million dollars just disappeared like that, I'm so frustrated. --- When one pool has an issue, the whole market suffers. This is the fragility of DeFi. --- Once the mixer runs away, people are gone. What's the point of on-chain transparency? --- V2V3 is okay? Please, no more second waves, my heart can't take it. --- Why are there always minting vulnerabilities? Don't these protocols learn from their mistakes? --- Watching the drama unfold has hit home, my holdings are in the red again. --- The hacker's method is simply smooth, one transaction and it's done, disgusting. --- With Bitcoin crashing, Ether is worse off. Where’s the so-called safe-haven asset? --- Can Yearn really turn things around this time, or is it just going to be like this?

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