Penpie Protocol (PNP) suffered an exploit with around $27 million in assets stolen
The alleged exploiter drained various types of staked ether (ETH), Ethena's sUSDE and wrapped USDC stablecoin from the protocol according to on-chain data. Pendle confirmed the security compromise and paused all contracts as a precautionary measure.
👉 coindesk.com/tech/2024/09/03/defi-protocol-penpie-exploited-for-27m-of-crypto-assets-pnp-token-craters-40
The alleged exploiter drained various types of staked ether (ETH), Ethena's sUSDE and wrapped USDC stablecoin from the protocol according to on-chain data. Pendle confirmed the security compromise and paused all contracts as a precautionary measure.
👉 coindesk.com/tech/2024/09/03/defi-protocol-penpie-exploited-for-27m-of-crypto-assets-pnp-token-craters-40