PeckShield: The loss of today's yearn yUSDT hack is ~$11.6m
04/13 08:13
PeckShield tweeted: "The loss of today's yearn yUSDT hack is ~$11.6m.
As mentioned earlier, the hacker exploits a bug in the misconfigured yUSDT - etherscan.io/address/0x83f798e925bcd4017eb265844fddabb448f1707d - to mint extremely huge amount of yUSDT (1,252,660,242,212,927.5) from a small $10K USDT. Next, the minted yUSDT is then swapped to other stable coins."
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