Penpie (PNP) Hacked, $27M Loss

Penpie is a DeFi platform tied to Pendle Finance, which aims to provide higher returns to PENDLE holders when staking this coin on the platform.

The attacker used a flash loan and stole $27M from Penpie.

Note: Pendle Finance was not affected by this attack, however, the price of PENDLE also reacted negatively. partly due to news and the general market.