Penpie Faces Security Breach, Pendle Takes Swift Action To Protect $105M In...

Penpie Faces Security Breach, Pendle Takes Swift Action To Protect $105M In Assets

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Source: TheMerkle.com

Penpie, a protocol built on top of Pendle, recently experienced a significant security breach that resulted in a loss of funds. In response, the Pendle team swiftly intervened to protect approximately $105 million from further potential losses.

Alert: Penpie has encountered a security compromise.

We have paused all deposits and withdrawals. Our team is working tirelessly to address it. Your patience and support are invaluable during this time.

Stay tuned for

Read More https://themerkle.com/penpie-faces-security-breach-pendle-takes-swift-action-to-protect-105m-in-assets/

The post "Penpie Faces Security Breach, Pendle Takes Swift Action To Protect $105M In Assets" appeared first here TheMerkle.com.

Source: TheMerkle.com

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