Yearn.finance V1 hacked for $300K

The Ethereum-based DeFi protocol Yearn.finance (YFI) V1 has suffered a $300,000 loss due to a hack, according to blockchain security firm PeckShield. The attacker exchanged the stolen funds for 103 ETH, which are now being held in an anonymous address starting with 0x0F21. This incident follows a separate hack earlier this month that resulted in a $9 million loss for the protocol.