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Penpie DeFi Protocol Exposed to $27M Exploit, Tokens See Sharp Decline

Penpie DeFi Protocol Exposed to $27M Exploit, Tokens See Sharp Decline


Bitcoin World
2024-09-04 03:15:01

Penpie DeFi exploit $27M has sent shockwaves through the decentralized finance (DeFi) space after an attacker successfully siphoned approximately $27 million worth of cryptocurrencies from the Pendle-based protocol. According to a report by CoinDesk, the stolen assets included wstETH, sUSDe, agETH, and rswETH. The hacker used the LI.FI protocol to convert the funds to ETH


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