Yearn Finance retrieves $2.4M after $9M yETH hack
Recovery from Exploit: Yearn Finance has successfully recovered $2.4 million from the $9 million yETH exploit through collaboration with Plume and Dinero, focusing on assets still held by the attacker.
Details of the Exploit: The exploit occurred on November 30, targeting Yearn's legacy yETH stableswap pool due to an arithmetic flaw, resulting in the loss of approximately $8.9 million from various pools.
Ongoing Recovery Efforts: Recovery efforts are still active, with Yearn committed to returning any recovered assets to affected users without lengthy legal processes, while also ensuring that no other products were impacted by the exploit.
Future Actions and Communication: Yearn plans to release a full post-mortem after completing audits and has provided users with support options through Discord, aiming to maintain confidence in its ecosystem following the incident.
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