Yearn Finance’s yETH product was the target of an exploit where an attacker was able to obtain virtually unlimited yETH in a single transaction, taking approximately 1,000 ETH ($3 million). Some of the money was sent to Tornado Cash, and blockchain data shows that the attack used several newly implemented contracts that then self-destructed. The full extent of the losses is still unclear. Yearn Finance confirmed that the Vaults, including both V2 and V3, were not affected and stated that it is actively investigating the incident to prevent future attacks.
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