As reported by Jinse, Yearn Finance announced via its official account yearn that the platform was hacked, resulting in a total loss of approximately $3 million. The attacker has converted the stolen funds into 103 Ethereum, which are currently stored at the address 0x0F21...4066.
Yearn Finance Suffers Hack, Loses $3M
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Summary
Yearn Finance confirmed a security breach, with $3 million stolen in the attack. The hacker has moved the funds to 103 Ethereum, currently held at address 0x0F21...4066. The incident comes as Ethereum news remains in focus, with traders watching Ethereum price today for market reactions. The platform has not yet disclosed further details on the breach or recovery efforts.
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