WebOct 26, 2024 · Yes, apparently Harvest Finance was hacked using the Curve y pool, and, to quote them, this was the strategy used: ''Like other arbitrage economic attacks, this one originated with a large flashloan, and manipulated prices on one money lego (curve y pool) to drain another money lego (fUSDT, fUSDC), many times. WebOct 27, 2024 · Prior to the economic attack, Harvest had more operating income than the credit giant Monzo 🏦. Increased deposits flowing into the LPs results in more profits 💵 generated to humble farmers ...
Harvest Finance DeFi Team Admits They Made an Engineering …
WebJan 7, 2024 · And for even more context, the largest DeFi hack of 2024, a $34 million loss suffered by Harvest Finance in a flash loan attack, has been dwarfed now by the top DeFi hacks of 2024. WebApr 15, 2024 · Harvest Finance is an automatic yield farming protocol that helps traders take advantage of the latest DeFi platforms with the highest yield. Is Harvest Finance safe after the hack? Harvest promised to work on mitigation strategies to stop this kind of flash loan attack from occurring again in the future. bnh supply
REALLY?? $25 Million in 7 mins Harvest Finance Hack Explained
WebOct 26, 2024 · On October 26, Harvest Finance, a project with a total volume locked (TVL) of more than $1 billion, was attacked by anonymous hackers. So far, the attack has caused about $24 million in losses ... WebOct 27, 2024 · Harvest Finance, the decentralized finance robo-advisor that fell prey to a $34 million flash loan attack, is sorry for the “engineering error,” committed to change, … WebNov 21, 2024 · Until it works out what’s going on, Harvest Finance, a rival DeFi protocol that last month was hacked for $30 million, has moved all of its DAI, as well as stablecoins USDC and USDC, “ to the safety of its vaults until the attack vector is understood,” tweeted Smokatoke, a community rep for Harvest Finance. clicks september 2022 guzzle promo