Aave, Yearn Finance Exploiter steals stable coins worth over $ 10 million: report
Aave, Yearn Finance Exploiter steals stable coins worth over $ 10 million: report
While the defi hacks continue, according to the blockchain security company Peckshield, the latest protocols that are to be attacked by exploiters are Aave and Yearn Finance.
version 1 of AAVE was affected, while versions 2 and 3 were not affected. The oldest version has been frozen since December 2022, and the team behind the loan protocol said it was watching the situation.
- Lookonchains Data indicate that the exploiter could have succeeded in collecting more than $ 10 million of stablecoins DAI, USDC, USDT and TUSD.
- Peckshield clear that the cause is not to be attributed to incorrectly configured yusdt Aave is connected.
"It seems that the main cause is on the incorrectly configured Yusdt, which is exploited to shape huge Yusdt (1,252,660,212,927.5) from a small 10,000 USD.
- Aave creator Marc Zeller, in a Twitter said that no user Credit size can increase, which makes the problem unlikely but not impossible.
- He further revealed that the current size of V1 is $ 18 million, while the current size of the AAVE security module is $ 382.50 million
- stories about hacks and exploits are widespread this year. In March alone, cybercriminals stole cryptocurrencies worth $ 211.5 million in 26 attacks.
- At the beginning of this week, 3.3 million US dollars were deducted from the SushiSwap admission contract.
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