Another failed experiment from the Yearn Finance ecosystem. Cream Finance has been hacked (again) for ~$130 million. The Yearn Finance decentralised monopoly has grown too large, and its operators; too careless.Why accumulate so many protocols if you don’t care for their users? We assumed that following the string of aggressive acquisitions by Yearn in 2020, we would see improved security on these platforms. *However, that was clearly not the goal.*The CoinGecko Yearn Ecosystem page show. The...

Another failed experiment from the Yearn Finance ecosystem. Cream Finance has been hacked (again) for ~$130 million. The Yearn Finance decentralised monopoly has grown too large, and its operators; too careless.Why accumulate so many protocols if you don’t care for their users? We assumed that following the string of aggressive acquisitions by Yearn in 2020, we would see improved security on these platforms. *However, that was clearly not the goal.*The CoinGecko Yearn Ecosystem page show. The...