Anonymous devs behind a DeFi yield farm could steal $1B in 12 hours
A lot of trust is required to put money in Harvest Finance. Harvest Finance, a decentralized finance project that succeeded in attracting over $1 billion in funds locked has an admin key that gives its holders the ability to mint tokens at will and steal users’ funds. As noted by auditing companies PeckShield and Haechi, the governance parameters are not set by a contract with clearly defined rules.
Coin Telegraph - 23rd Oct 17:10