Yearn yETH attacked, approximately $3 million worth of ETH flows into Tornado Cash
ChainCatcher news, according to The Block, Yearn Finance's aggregated staking token product yETH was attacked. The attacker exploited a vulnerability to mint yETH almost infinitely, draining the assets in the pool 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 transactions. The exact scale of the loss is still unknown. Yearn stated that it is investigating the incident, and its V2 and V3 Vaults were not affected.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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