Hacker loses millions after massive token burn | Crypto Craft

  • Hacker loses millions after massive token burn

    From thestreet.com

    The world of crypto is often called the Wild West and the argument is not without merit. The market is very volatile, and scams and hacks abound. Recently, a shocking case of a crypto hack has come into view, where the hacker's payday was cut short. On Nov. 30, Yearn Finance, a popular decentralized finance (DeFi) protocol dedicated to yield aggregation, suffered a loss of approximately $9 million in a security incident. • $8 million from the impacted stableswap pool • $0.9 million from the yETH-WETH stableswap pool on Curve The funds got drained from yETH, a Yearn token that puts different types of staked ... (full story)

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Trader#C623
Dec 3, 2025 3:25am
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poetic justice.

it also highlights the biggest crypto's failure. imagine irl your stolen fund in banks or stock exchanges can't be retrieved back or it could but the companies in which the money was invested in had to be destroyed, the whole finance world would collapse right out. lol
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