
DeFi Giants Aave and Yearn Finance Hacked
Two of Ethereum’s most popular DeFi protocols, Aave and Yearn Finance, have reportedly suffered an exploit. Blockchain security firm PeckShield has directed a tweet to Aave requesting verification of a specific transaction hash. According to the security firm, Yearn Finance was attacked by a flash loan, and the exploit has affected Aave V1, with damage potentially exceeding $11 million. The attacker received a mix of stablecoins from Yearn Finance and Aave, capturing over $10 million in DAI, USDC, BUSD, TUSD, and USDT. Aave has confirmed the transaction but stated that it has not impacted Aave V2 and V3. Aave V1