Yearn Finance’s yETH product was targeted in an exploit where an attacker minted nearly unlimited yETH in a single transaction, draining around 1,000 ETH ($3 million). Some funds were sent to Tornado Cash, and blockchain data shows the attack used several newly deployed contracts that self-destructed afterward. The full extent of the losses is still unclear. Yearn Finance confirmed that its Vaults, including both V2 and V3, were not affected and stated it is actively investigating the incident to prevent future attacks.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
HashKey Holdings, Hong Kong's top licensed crypto exchange operator, passed its HKEX listing hearing on…
Japan just sent a shock through global markets. The country’s 10-year government bond yield jumped…
The cryptocurrency market has slipped into the red zone. Bitcoin has once again dipped below…
December 1, 2025 05:55:32 UTC Ethereum Price Prediction, Ahead of Key Events Next Week Ethereum…
HashKey Holdings, Hong Kong’s first fully regulated crypto exchange, has cleared its listing hearing with…
Ripple has received approval from Singapore's Monetary Authority (MAS) to expand its Major Payment Institution…
