Yearn Finance just got hit hard — attackers managed to siphon off $9 million from the protocol.
The damage breakdown? Around $3M in ETH has already been funneled through Tornado Cash for obfuscation. The remaining $6 million? Still sitting in the attacker's wallet.
This incident hammers home a familiar lesson: while DeFi can deliver outsized returns, it comes packaged with equally outsized vulnerabilities. Smart contracts remain attractive honeypots, and exploits like this one underscore why security audits and risk management aren't optional — they're survival basics in this space.
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GasWaster
· 12-02 02:31
yearn has flipped again... this time it's serious, 9 million is gone
Running off to launder money, or is it trying to say something? Anyway, it can all be seen on-chain
The dream of high returns in Decentralized Finance is really alluring.
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LayerZeroJunkie
· 12-01 21:39
Has yearn been hacked again? We really can't skimp on contract audits, it's a bloody lesson.
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APY追逐者
· 12-01 09:13
Has yearn failed again? Damn, are audits this disappointing these days...
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MetaverseMortgage
· 12-01 09:11
9 million just disappeared like that, I'm dying of laughter, it's the same old trick again.
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LiquidityNinja
· 12-01 09:11
Has yearn been exploited again? These days, defi protocols are even more fragile than ATMs.
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staking_gramps
· 12-01 09:08
Yearn got liquidated again? Dude, do you still dare to put money in there?
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MultiSigFailMaster
· 12-01 09:08
Here it comes again, Yearn has been hacked again, 9 million just disappeared like that?
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SerNgmi
· 12-01 09:07
Another one has been punctured, this time it’s Yearn? $9M just disappeared like that, really outrageous.
Tornado Cash should have been regulated long ago, it’s always this trap.
No matter how high the DeFi returns are, it can’t withstand this kind of play. I’d better play it safe.
Yearn Finance just got hit hard — attackers managed to siphon off $9 million from the protocol.
The damage breakdown? Around $3M in ETH has already been funneled through Tornado Cash for obfuscation. The remaining $6 million? Still sitting in the attacker's wallet.
This incident hammers home a familiar lesson: while DeFi can deliver outsized returns, it comes packaged with equally outsized vulnerabilities. Smart contracts remain attractive honeypots, and exploits like this one underscore why security audits and risk management aren't optional — they're survival basics in this space.