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Yearn cleverly recovers $2.4 million: reissues multi-signature after destroying Hacker Tokens.

[BitPush] The blockchain security institution PeckShield disclosed that the veteran DeFi protocol yearn successfully recovered a loss involving a hacker. It is reported that the project party took special on-chain actions—directly destroying the pxETH tokens held by the hacker, involving an amount as high as 2.4 million USD. Subsequently, yearn re-minted an equivalent amount of tokens in the Redacted Cartel's Multi-signature Wallet, completing this textbook-style fund recovery.

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RugpullTherapistvip
· 13h ago
Hmm, that's a pretty bold move—burning and then reissuing directly, combined with multisig, it's unbeatable.
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AirdropHarvestervip
· 12-03 23:03
Yeah, sure, this move is really brilliant—directly burning and re-minting, just like that 2.4 million was recovered.
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LightningHarvestervip
· 12-01 13:22
Ha, this operation by yearn is incredible, directly destroying the Hacker Token and then minting a new one with multisig, this is the true "power of decision-making" on-chain.
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SchrodingersFOMOvip
· 12-01 13:22
This move is awesome, directly destroying and then re-minting, the hacker's Wallet becomes a decoration haha.
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NullWhisperervip
· 12-01 13:10
tbh this is kinda wild—they just... burned the attacker's tokens and reminted them? technically speaking that's not really "recovery" if you think about it, it's more like protocol-level undo button. interesting edge case for contract design tho. makes you wonder what else is theoretically exploitable under similar conditions.
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