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Penpie DeFi Platform Reportedly Hit With $27 Million Security Breach - CryptoPotato

Retrieved on: 2024-09-04 22:53:58

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Penpie DeFi Platform Reportedly Hit With $27 Million Security Breach - CryptoPotato. View article details on hiswai:

Summary

Penpie, a DeFi platform on the Pendle network, was exploited on September 3, 2024, losing $26 million in crypto assets. The attack involved Tornado Cash and a rogue smart contract, triggering security responses and ongoing negotiations for fund recovery. Tags and key concepts tie into the broader context of cybersecurity within DeFi and the use of cryptocurrencies like Ethereum.

Article found on: cryptopotato.com

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