Million Dollar Attack on Popular Altcoin YFI!

There was a massive attack on the popular altcoin Yearn Finance. There was a loss of $ 2.8 million as a result of the attack.

The popular altcoin YFI, which surpassed the leading crypto currency Bitcoin with its price, was attacked by millions of dollars. In a statement made by DeFi platform Yearn Finance, one of the pool of funds was hacked, resulting in a loss of $ 2.8 million.   Millions of Dollars Lost There has been another attack on the DeFi market. YDAI safe of decentralized finance (DeFi) protocol Yearn Finance was exploited. In the statement made on Twitter, the following statements were made on the subject: “We noticed that the V1 yDAI case has been exploited. The abuse has been mitigated. " Some Yearn Finance users say they lost thousands of DAIs as a result of the attack. YFI is a token operating on the Ethereum platform. Yearn Finance's management token is known as YFI. With YFI, users can earn income by moving their assets to different liquidity pools on decentralized finance (DeFi).   $ 2.8 million was stolen Another person from Yearn Finance's core developers shared details of the attack on his Twitter account. "Banteng", a developer on the Yearn team, said in a statement on Twitter that $ 11.1 million was stolen from the DAI vault. The developer also stated that the attacker stole $ 2.8 million. Making a statement on the subject, Stani Kulechov, the founder of DeFi platform Aave, shared the transaction at the heart of the attack, which included numerous DeFi protocols and $ 5,000 in Ethereum-denominated GAS charges, on his Twitter account. Kulechov said, “More than 160 nested transactions and complex exploitation using 8.6 mm GAS (about 75 percent of the block) resulted in a loss of USD 2.7 mm.” [embed]https://twitter.com/bantg/status/1357453626847952896?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1357453626847952896%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fkriptokoin.com%2Fpopuler-altcoin-e-dev-saldiri-milyonlarca-dolar-zarar%2F[/embed] YFI Crashed After Attack After the attack, YFI, the token of his project, suffered a great loss of value. Altcoin was withdrawn from $ 35,000 to $ 29,500 within minutes. In the morning hours, the crypto currency fell by 4 percent and continued to be traded at $ 32,300.