{"id":30826,"date":"2020-10-28T11:31:55","date_gmt":"2020-10-28T09:31:55","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=30826"},"modified":"2025-08-28T00:11:31","modified_gmt":"2025-08-27T21:11:31","slug":"harvest-finance-explains-hacker-attack-as-an-engineering-error","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/harvest-finance-explains-hacker-attack-as-an-engineering-error\/","title":{"rendered":"Harvest Finance explains hacker attack as an &#8216;engineering error&#8217;"},"content":{"rendered":"<p>The developers of the Harvest Finance DeFi protocol have taken responsibility for an &#8216;engineering error&#8217; that allowed the hacker to carry out the recent attack and steal $19.8 million.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83e\udd20 Tracing the path of the attacker (big thanks to <a href=\"https:\/\/twitter.com\/trmlabs?ref_src=twsrc%5Etfw\">@trmlabs<\/a> and <a href=\"https:\/\/twitter.com\/Bitquery_io?ref_src=twsrc%5Etfw\">@Bitquery_io<\/a>)<\/p>\n<p>\ud83d\udcd6 Post-mortem summary<\/p>\n<p>\ud83d\udd12 Risk mitigation strategy<\/p>\n<p>\ud83e\udec2 Community and emissions updates<\/p>\n<p>\ud83d\udc47 ..and more! Check out our Week 9 updates<a href=\"https:\/\/t.co\/dscsrhz3SG\">https:\/\/t.co\/dscsrhz3SG<\/a><\/p>\n<p>\u2014 Harvest Finance (@harvest_finance) <a href=\"https:\/\/twitter.com\/harvest_finance\/status\/1321277825626836992?ref_src=twsrc%5Etfw\">October 28, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As possible measures to prevent incidents, Harvest Finance representatives named a ban on deposits and withdrawals in a single transaction. In their view, such a solution would render the use of instant swaps pointless.<\/p>\n<blockquote>\n<p>\u201cWe will continue to invest in security and are already expecting additional audits from several companies,\u201d the statement said.<\/p>\n<\/blockquote>\n<p>Representatives of the project said they are working on a plan to recover funds for affected users and update the protocols.<\/p>\n<p>Earlier, the DeFi project offered a reward to anyone who helps recover users&#8217; assets. The developers urged not to disclose the attacker\u2019s details.<\/p>\n<p>The hacker <a href=\"https:\/\/u1f987.com\/en\/news\/hacker-drains-19-8m-from-harvest-finance-as-farm-price-falls-more-than-50\">used<\/a> $24 million in stablecoins from Harvest Finance&#8217;s DeFi pools to withdraw $19.8 million in renBTC. He later returned $2.47 million.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The developers of the Harvest Finance DeFi protocol have taken responsibility for an &#8216;engineering error&#8217; that allowed the hacker to carry out the recent attack and steal $19.8 million.<\/p>\n","protected":false},"author":1,"featured_media":30827,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1154,1093,1997],"class_list":["post-30826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crimes","tag-defi","tag-harvest-finance"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=30826"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30826\/revisions"}],"predecessor-version":[{"id":30828,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30826\/revisions\/30828"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/30827"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=30826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=30826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=30826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}