On December 1st (UTC+8), yearn posted on the X platform announcing a preliminary analysis of the yETH vulnerability attack, which pointed out that around 21:00 UTC on November 30th, an unexpected event occurred in the yETH Stableswap liquidity pool, resulting in a large number of yETH being minted, but it was unrelated to other Yearn products and the Yearn V2/V3 vaults were not affected.Preliminary indications suggest that the total loss is approximately $9.00M. Currently, Security Alliance and ChainSecurity have been put into operation and are conducting a comprehensive post-mortem investigation. Affected users can submit support tickets on Discord.Preliminary analysis suggests that the complexity of this hack is similar to the recent Balancer hack, and a detailed report will be released later.[Techflow]
On December 1st (UTC+8), yearn posted on the X platform announcing a preliminary analysis of the yETH vulnerability attack, which pointed out that around 21:00 UTC on November 30th, an unexpected event occurred in the yETH Stableswap liquidity pool, resulting in a large number of yETH being minted, but it was unrelated to other Yearn products and the Yearn V2/V3 vaults were not affected.Preliminary indications suggest that the total loss is approximately $9.00M. Currently, Security Alliance and ChainSecurity have been put into operation and are conducting a comprehensive post-mortem investigation. Affected users can submit support tickets on Discord.Preliminary analysis suggests that the complexity of this hack is similar to the recent Balancer hack, and a detailed report will be released later.[Techflow]
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