Yearn yETH was attacked, approximately 3 million USD worth of ETH flowed into Tornado Cash.

ETH0,42%

PANews, December 1, news reported by The Block, Yearn Finance's aggregated staking token product yETH was attacked. The attacker exploited a vulnerability to mint yETH almost infinitely, draining the pool's assets in a single transaction. On-chain data shows that the attacker subsequently transferred about 1,000 ETH (approximately $3 million) into the mixing protocol Tornado Cash. Multiple contracts used for the attack self-destructed after the transaction. The exact scale of the losses is still unclear, and Yearn stated that it is investigating the incident, noting that its V2 and V3 Vaults were not affected.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

US Bitcoin Spot ETF Attracts Inflows for Seven Consecutive Days, Institutional Funds Return

Recent inflows into U.S. cryptocurrency spot ETFs have warmed, particularly with Bitcoin and Ethereum ETFs recording net inflows over multiple consecutive days, indicating increased investor allocation appetite. Bitcoin ETF recorded approximately $199.4 million in net inflows on the 17th, marking the longest consecutive inflow streak in five months, with capital primarily flowing to major issuers such as BlackRock and Fidelity. This wave of reflux is mutually reinforcing with Bitcoin price appreciation, reflecting the market's preference among traditional capital for allocation to regulated products, providing stable support to spot prices.

区块客44m ago

This week, the US Ethereum spot ETF saw net outflows of $60 million, while the Solana ETF saw net inflows of $20.4 million.

Gate News Report: On March 21, according to Farside monitoring data, US Ethereum spot ETFs recorded cumulative net outflows of $60 million this week, while Solana spot ETFs recorded cumulative net inflows of $20.4 million.

GateNews1h ago

Ethereum Bottom In at $2,156, Says Tom Lee! Spike Soon?

Ethereum shows signs of stabilization with long-term holders increasing positions despite cautious institutional ETF outflows. This suggests a potential market bottom, though recovery may take time influenced by external factors.

Coinfomania3h ago

CFTC Allows Bitcoin and Ethereum as Margin Collateral

CFTC permits Bitcoin, Ethereum, and stablecoins as margin collateral with strict valuation haircuts and risk controls applied. Stablecoins receive lower capital charges than BTC and ETH, reflecting reduced volatility in margin calculations. Firms must meet reporting, cybersecurity, and

CryptoFrontNews3h ago
Comment
0/400
Mrs_Yenvip
· 2025-12-01 03:21
I ended up holding $BNB and don’t know if I can go home this Tet, guys! Holding at the peak and selling at the bottom has become my profession!
View OriginalReply0