13-04-2023 16:05 via coinjournal.net

1 quadrillion yUSDT minted in Yearn Finance exploit

The hack was detected by blockchain security firm PeckShield.
The hacker swapped the yUSDT to other stablecoins.
The hacker has also transferred 1,000 Ether to Tornado Cash.Blockchain Security firm PeckShield recently detected an exploit on the lending platform Yearn Finance that resulted in an irregular minting of over 1 quadrillion Yearn Tether (yUSDT) using $10,000. The hack is the latest in the list of decentralized hacks that seem to be gaining momentum as the year ages.
According to a twe
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