【Coin World】Good news came in early December — Yearn Finance, with the help of the Plume and Dinero teams, has recovered 857.49 lost pxETH, which is roughly equivalent to 2.39 million dollars.
This amount of money is not insignificant. Yearn's official statement said that they are still working hard to recover the remaining assets, and whatever can be retrieved will be returned to the affected deposit users.
To be honest, it's quite rare to see a protocol actively addressing user asset issues in the DeFi space. After all, once there is a problem with an on-chain transfer, the difficulty of recovering it is not trivial. Successfully recovering most of the assets this time serves as a good example for the entire industry.
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SmartContractPlumber
· 3h ago
It's a good thing to get it back, but we need to ask—how did this 2.39 million get lost? Was it due to an un-audited contract upgrade, or did something go wrong with the permission control? Yearn was lucky this time to encounter a team willing to cooperate, but it may not be the same next time. The real demonstration should be preventive measures taken beforehand, not recovery afterwards.
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SocialFiQueen
· 19h ago
Hmm? Can Yearn still be retrieved? This is quite a rare operation in Decentralized Finance; usually, this money just goes down the drain.
But speaking of which, that amount of 2.39 million USD, thanks to the team for helping out, ordinary project parties can't really handle it.
This serves as a lesson to those who are still complaining about being hacked; some parties are really putting in the effort, and some parties... you know.
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ForkMonger
· 19h ago
lol yearn finally got their act together, but let's be real—this whole mess screams governance attack vectors nobody caught in time. they got lucky dinero bailed them out, imagine if the exploiter had better opsec. anyway, wonder what systemic vulnerabilities they're still sitting on...
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HodlTheDoor
· 19h ago
Can 2.39 million USD be recovered? Yearn has truly given a face lift to the DeFi industry this time, but speaking of which, why go to such great lengths to chase it? This on-chain matter is really outrageous.
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FadCatcher
· 19h ago
Ha, Yearn is still sincere this time, unlike certain protocols that disappear directly after something goes wrong.
Yearn Finance recovers $2.39 million in stolen assets, Decentralized Finance security rings alarm bells again.
【Coin World】Good news came in early December — Yearn Finance, with the help of the Plume and Dinero teams, has recovered 857.49 lost pxETH, which is roughly equivalent to 2.39 million dollars.
This amount of money is not insignificant. Yearn's official statement said that they are still working hard to recover the remaining assets, and whatever can be retrieved will be returned to the affected deposit users.
To be honest, it's quite rare to see a protocol actively addressing user asset issues in the DeFi space. After all, once there is a problem with an on-chain transfer, the difficulty of recovering it is not trivial. Successfully recovering most of the assets this time serves as a good example for the entire industry.