USPD is facing a severe security breach after an attacker quietly gained control of its proxy contract months ago and used that access to mint new tokens and drain funds. USPD disclosed the incident on Dec. 5, saying the exploit…

Yearn Finance has taken its first major step toward repairing the damage from its recent yETH exploit after securing a partial recovery. Yearn Finance has recovered $2.4 million from the $9 million yETH exploit that hit the protocol at the…

Yearn Finance is dealing with a fresh security breach after an attacker exploited its yETH token contract and drained millions in ETH and liquid staking assets from Balancer pools. The incident unfolded late on Nov. 30 when an attacker triggered…

A new proposal on Balancer’s governance forum sets the stage for how the protocol plans to handle the next phase of its recovery effort. Balancer has outlined a reimbursement plan that would return roughly $8 million in rescued assets to…