Category: EMN

Defi Community Members Aim to Sue Yearn Finance Creator Andre Cronje and Fork YFI

Defi Community Members Aim to Sue Yearn Finance Creator Andre Cronje and Fork YFI

Members of the decentralized finance (defi) community are upset with Yearn Finance founder Andre Cronje over the mishap with Cronje’s secret Eminence (EMN) project. The Eminence protocol gathered $15 million before the project was ultimately hacked before the official launch.According to a recent blog post published on Medium, a group of defi community members plan […]

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YFI founder’s incomplete DeFi protocol Eminence exploited, attacker drained $15M and then returned $8M

YFI founder’s incomplete DeFi protocol Eminence exploited, attacker drained $15M and then returned $8M

Eminence.Finance, the unfinished decentralized finance (DeFi) protocol by Yearn.Finance (YFI) founder Andre Cronje, was exploited Monday night. The attacker drained $15 million from Eminence, deposited by users or so-called “yield farmers,” and then returned $8 million to YFI. It is not clear why the attacker return funds. “Only the attacker would know the answer to […]

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