Curve Liquidity Providers See $ 3 Million Windfall From Yearn Finance Holding $ 11 Million By Cointelegraph

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Curve’s liquidity providers see $ 3M windfall from Yearn Finance holding of $ 11M

DeFi protocol Yearn Finance reported that its V1 yDAI vault was exploited by a hacker for a sum of $ 11 million on February 5. However, the hacker failed to reap most of the heist, and Curve’s liquidity providers got more out of the attack. than your brain. While the vault lost $ 11 million in total, Yearn’s developer “Banteg” tweeted that the hacker had only been able to make a profit to the tune of $ 2.8 million. The team has suspended all deposits to your V1 DAI, USDC, USDT and TUSD amid an ongoing investigation. , 1-hour chart: TradingView Continue reading on Coin Telegraph

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