Yearn: yETH pool suffers sophisticated attack, losing approximately $8.9 million.

Odaily Planet Daily reports that Yearn issued a statement saying its yETH stablecoin pool was attacked at 21:11 UTC on November 30th. The attacker minted a large amount of yETH through a custom contract, resulting in a loss of approximately $8 million in assets within the pool. An additional $900,000 in losses came from the yETH-WETH pool on Curve. Yearn stated that the affected code is unrelated to other products, and V2/V3 Vaults were unaffected. The company also noted that the complexity of the incident is similar to the previous attack on Balancer. The team has joined forces with SEAL911 and the auditing firm ChainSecurity to conduct an investigation.