Summary
- Yearn Finance V1 was hacked and about $300,000 worth of funds were stolen.
- The stolen funds were confirmed to have been converted to Ethereum (ETH) and then moved to a specific address.
- PeckShield said the attacker is holding the stolen 103 ETH at address 0x0F21…4066.
A hacking incident occurred at the decentralized finance (DeFi) protocol Yearn Finance V1, and approximately $300,000 worth of funds were stolen. The attacker reportedly converted the stolen funds into Ethereum (ETH) and moved them to a specific address.
On the 17th (local time), blockchain security firm PeckShield reported that the Yearn Finance V1 contract was attacked and a total of about $300,000 worth of funds was leaked. PeckShield said, "The attacker swapped the stolen funds for 103 ETH and those funds are held at address 0x0F21…4066."
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