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Yearn Hack Sparks $1.7M DeFi Insurance Claim Controversy

Last week’s Yearn Finance hack has a DeFi user wrestling with an insurance protocol over a $1.7M claim. Twitter user kferretcrypto, who bought a claim provided by Nexus Mutual, an insurance protocol, in September, tweeted on Feb. 6 that the Yearn hack triggered a 1,000 Ether payout (or about $1.7M), by ArmorFi, an insurance aggregator…
By: Owen Fernau •

Last week’s Yearn Finance hack has a DeFi user wrestling with an insurance protocol over a $1.7M claim. Twitter user kferretcrypto, who bought a claim provided by Nexus Mutual, an insurance protocol, in September, tweeted on Feb. 6 that the Yearn hack triggered a 1,000 Ether payout (or about $1.7M), by ArmorFi, an insurance aggregator…

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