Exploit on Yearn Finance: 2.8 million yETH attack
An 'infinite-mint' attack hit Yearn Finance's yETH, draining 2.8 million from Balancer pools and triggering an abnormal market reaction on the YFI token.
The ‘Hack’ section on crypto brings together news and insights on hacker attacks in the cryptocurrency world, highlighting vulnerabilities, economic impacts and security measures taken.
34 PostsAn 'infinite-mint' attack hit Yearn Finance's yETH, draining 2.8 million from Balancer pools and triggering an abnormal market reaction on the YFI token.
Upbit suspends deposits and withdrawals after a hacker attack that embezzled 32 million in Solana tokens, causing heavy premiums in the Korean market.
A heist of more than 4.3 million in cryptocurrencies in the UK calls into question the security of self-custody and the risks of the human factor.
China accuses Washington of 'draining' 127,000 BTC from LuBian in 2020. Researchers link the exploit to a flaw in key generation.
Eleven Drainer, a new phishing-as-a-service, is expanding its business. Despite the sophistication of the attacks, human error remains the main weakness. The defence lies in user discipline.
North Korean hackers intensify crypto fraud: GhostCall and GhostHire campaigns use AI and the impersonation of Web3 executives to distribute malware, an evolution of the Lazarus Group.
According to Cisco Talos and Google, the North Korean groups Famous Chollima and UNC5342 are employing new strains of decentralised malware (such as EtherHiding and the BeaverTail/OtterCookie pair)
The DeFi Abracadabra protocol was hit by its third major exploit since the beginning of 2024, with attackers draining around $1.7 million by circumventing a smart contract credit check.

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