Yearn Finance V1 Suffers Hack, Loses $300,000

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Yearn Finance V1 suffered a hack, losing around $300,000. PeckShield reported the attacker converted the funds into 103 ETH. The ETH price remains under close scrutiny as the stolen assets are now in address 0x0F21...4066. With altcoins to watch gaining attention, the incident highlights ongoing risks in DeFi protocols.

According to MarsBit, PeckShield reported that Yearn Finance V1 (@yearnfi) was hacked, resulting in a loss of approximately $300,000. The attacker converted the stolen funds into 103 ETH, which are currently held in the address 0x0F21...4066.

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