According to Cointelegraph, the Penpie protocol was hacked on September 3, 2024, losing $27 million. On-chain investigations showed that the attack transaction came from an address ending in "bb7". Penpie has suspended all deposit and withdrawal operations.
A Pendle spokesperson said all customer funds remained safe and all contracts had been suspended until the issue was resolved.
Cryptocurrency hacking incidents have been frequent in 2024. According to Immunfi, more than $1.2 billion has been stolen in 154 incidents this year.
The PeckShield report shows that the August 2024 hack caused losses of more than $313 million, including $238 million in Bitcoin and $55 million in Dai.
The Scam Sniffer report states that losses from phishing attacks surged 215% in August 2024, with $55 million stolen from a single attack despite a decrease in the number of attacks.
