#hack exploit

After Yearn exploit, attacker funds frozen and reimbursement plans developing

Following an exploit last night that cost yield vault project Yearn.finance $11 million in stablecoin DAI, crypto community members from multiple projects have rallied to mitigate the effects, reclaim exploited funds, and reimburse affected users.  First reported by the project at 5:09 pm EST, the exploit was a complex arbitration attack on Yearn’s version 1 DAI yield vault. According to a…