DeFi platform Penpie was hit with a major hack on September 3, 2024. According to Cyvers Alert, the attack resulted in the loss of at least $26 million worth of crypto assets. 😱

The attack was launched via a smart contract funded through Tornado Cash. The Penpie and Pendle teams have halted all transactions and implemented security measures. Penpie is seeking to reconcile with the hacker. The situation is still unclear. 🔍