R
Rollerkid
Guest
On Thursday, one of the greatest DeFi coins, yearn.finance had an attacked and lost about $11 million dollars in DAI stable coin.
The hacker was able to transfer about 2.7 million dollars while the other $8 and below was consumed as fee.
In the process of transferring the $2.7 million, tether stable coin company was able to freeze about $1.7 million of the stolen funds and that means the hacker was able to take away a million dollar away.
Now my question, why is it that most of the crypto crimes are always executed on DeFi projects because I can remember that last year about 20% crypto crimes were on the DeFi projects?
The hacker was able to transfer about 2.7 million dollars while the other $8 and below was consumed as fee.
In the process of transferring the $2.7 million, tether stable coin company was able to freeze about $1.7 million of the stolen funds and that means the hacker was able to take away a million dollar away.
Now my question, why is it that most of the crypto crimes are always executed on DeFi projects because I can remember that last year about 20% crypto crimes were on the DeFi projects?