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DeFi Hackers Mint $11.6M in Stablecoins

Blockchain 

Cryptocoins News / Blockchain  107 Views


Blockchain security firm PeckShield identified a hack that allowed an attacker to mint over 1 quadrillion Yearn Tether and then swap it for other stablecoins worth $11.6M. The attacker also managed to transfer 1,000 ETH to the cryptocurrency mixer Tornado Cash. DeFi protocols Yearn.finance and Aave have confirmed that their current contracts and protocols were not affected by the exploit. (Read More)
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