Yearn’s YFI Drops Following a USD 11M-Heavy Exploit

Decentralized finance (DeFi) protocol’s YFI dropped more than USD 4,000 after one of its DAI lending pools was drained of USD 11m in an exploit. Yearn’s YFI governance token saw an abrupt USD 4,190 drop last night. Though the price has increased somewhat, it’s still lower than yesterday’s levels. YFI is currently (8:55 UTC) trading at USD 32,634. It …More

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