Gate News message, April 29 — A user suffered a loss of approximately $1 million in yvWETH, an Alchemix Yearn Vault position, after authorizing an unverified contract earlier, according to PeckShield monitoring.
The unverified contract was created 10 days ago and contains a vulnerability that can be exploited to execute arbitrary calls, enabling attackers to drain authorized token balances.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polymarket Suffers Suspected Data Breach: Over 300K Records Leaked to Cybercrime Forum
Gate News message, April 29 — Polymarket, a decentralized prediction market platform, appears to have been compromised, with over 300,000 records and an exploitation toolkit leaked to a cybercrime forum, according to disclosure by Dark Web Informer on X. The attacker claimed data was extracted
GateNews3m ago
Believe Founder Ben Pasternak Accused of Extracting $54M in Fees Through Launchcoin Migration
Gate News message, April 29 — A class-action lawsuit alleges that Believe founder Ben Pasternak extracted $54 million in fees through a Launchcoin migration process, according to ChainCatcher. The suit claims the migration included a two-week window period that resulted in token holder dilution,
GateNews8m ago
Hong Kong Monetary Authority Warns of Fraudulent Stablecoins Impersonating Licensed Issuers
Gate News message, April 29 — The Hong Kong Monetary Authority issued a public alert warning residents to be vigilant about fraudulent tokens claiming to be associated with licensed stablecoin issuers. Fake tokens using ticker symbols "HKDAP" and "HSBC" have appeared in the market, but these are
GateNews9m ago
Forbes Accuses Eric Trump's American Bitcoin of Being Arbitrage Tool Exploiting MAGA Investor Sentiment
Gate News message, April 29 — Forbes published a critical report on American Bitcoin, the company led by Eric Trump, alleging it functions as an arbitrage tool exploiting MAGA investor sentiment rather than a legitimate "money printing machine" as promoted. According to Forbes, the company uses
GateNews41m ago
Bitcoin Lending Protocol Tropykus Shuts Down, Deposits and Borrowing Functions to Cease on July 27
Gate News message, April 29 — Bitcoin lending protocol Tropykus announced a phased shutdown of its current version, with deposit and borrowing functions to be permanently discontinued. Users can withdraw funds and repay loans until July 27, 2026, after which interactions will only be supported
GateNews50m ago
ASOS Co-Founder's $4M Bitcoin Wallet Drained After Death in Thailand
Gate News message, April 29 — Following the death of ASOS co-founder Quentin Griffiths on February 9, 2026, in Pattaya, Thailand, approximately $4 million in Bitcoin assets from his wallet were transferred to unknown addresses in three separate transactions within days of his death. Thai police have
GateNews1h ago