Hackers seized USDT and USDC stablecoins worth $24 million from Harvest Finance’s stablecoin and BTC pools.
Harvest Finance, which is a yield aggregator provides liquidity to other DeFi pools to make a profit for its liquidity providers (LPs). The attackers supposedly leveraged this mechanism in Curve’s Y pool for their actions. The protocol announced that measures are taken to discover the crime.
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Harvest Finance was Hacked Losing $24 M