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Coin Edition 2024-09-04 06:33:35

Pendle Saves $105 Million in DeFi Exploit, Halts Penpie Hack

DeFi platform Pendle successfully thwarted a potential loss of roughly $105 million stemming from an alleged security breach at Penpie, an independent protocol built on Pendle’s infrastructure. The incident, which unfolded over several hours, triggered a swift and coordinated response, culminating in the temporary pausing of contracts to prevent further unauthorized withdrawals. According to Pendle, The post Pendle Saves $105 Million in DeFi Exploit, Halts Penpie Hack appeared first on Coin Edition .

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