AI Crypto Vault Management Platform YIELD Hacked for $300K

IconCrypto News Terminal25 Apr, 2024

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AI Crypto Vault Management Platform YIELD Hacked for $300K

**AI Crypto Vault Management Platform YIELD Hacked for $300K** The AI-based crypto vault management platform YIELD has been hacked, resulting in the theft of approximately $300,000 worth of digital assets. The attackers exploited a vulnerability in the platform's smart contract, allowing them to drain funds from user accounts. YIELD has since suspended trading and is working with law enforcement to investigate the incident. **Keywords:** AI, Crypto, Vault Management, YIELD, Hack **Summary:** YIELD, an AI-driven cryptocurrency vault management platform, has fallen victim to a hack that led to the loss of $300,000 in digital assets. **Previously on April 25, 2024:** * YIELD announces a partnership with a major cryptocurrency exchange to enhance its security. * YIELD releases a new update addressing minor security vulnerabilities. * YIELD unveils a new feature allowing users to manage their hardware wallets through the platform.

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