#Yearn V3

August 26, 2026

Term Finance Shuts Meta Vaults After $8.5M Governance Exploit

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Term Finance has permanently shut its Meta Vaults after a governance exploit drained an estimated $8.5 million in ETH and stablecoins. Withdrawals stay open, but new deposits are blocked — and the incident is another blunt reminder that DeFi governance can be a juicy attack surface.

#Yearn V3 #Term Finance #Meta Vaults #Governance Exploit

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August 25, 2026

Term Labs Loses $8.5M After Governance Takeover Costing Just $951

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Term Labs lost about $8.5 million after an attacker spent just $951 to buy enough governance power to seize control of its vault votes. It wasn’t a smart contract bug — it was a governance design failure, and a brutal reminder that cheap control can empty a treasury fast.

#Tornado Cash #Governance Attack #Term Labs #Yearn V3

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