Category: Pickle Finance

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Finance Redefined: DeFi gets its first merger after a devastating hack, Nov. 18–25

November 26, 2020

Pickle Finance got hacked so badly on Saturday that its developers asked to be merged into Yearn. Finance Redefined is Cointelegraph’s weekly DeFi-centric newsletter, delivered to subscribers every Wednesday. On Saturday, we saw one of the most complex smart contract hacks yet affecting Pickle Finance, a yield optimization protocol very similar to Yearn — an…
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$pickle in a pickle as attacker swipes $20 million in “evil jar” exploit

November 22, 2020

The perils of decentralized finance in the spotlight yet again after the latest major DeFi exploit In yet another attack on a major decentralized finance (DeFi) protocol, farming project Pickle Finance has been exploited today to the tune of $20 million.  The attack transpired roughly two hours ago, and ETH-savvy Twitter users were quick to…
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