🚨 Penpie Security Alert! 🚨

On September 3, 2024, the DeFi platform Penpie, built on the Pendle network, suffered a major exploit, resulting in the loss of $26 million in crypto assets. Cyvers Alert detected that the attack was initiated by a smart contract funded with 10 ETH via Tornado Cash.

Pendle assured that its funds are safe and paused contracts as a preventive measure. Penpie is looking to negotiate with the hacker to recover the funds. What do you think about this situation? Comment below! 💬