Crypto News

Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 Million

Decentralized finance (defi protocol) Harvest Finance was hacked on Monday for $ 24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan – but later returned $ 2.5 million. In seven minutes, the hack was complete. Harvest Finance revealed that the […]

Analysis

Analyst Calls for Yearn Finance (YFI) Rally on Bitcoin’s Stabilization Signals

As Bitcoin catches a break after exploding above $ 13,000 last week, it’s mid-cap rival Yearn Finance (YFI) is looking to rally higher. The prediction comes from a pseudonymous analyst on Twitter who expects a consolidating Bitcoin to disperse a portion of its bullish sentiment across the <a class="wpg-linkify wpg-tooltip" title=" Altcoin Altcoin is defined […]