DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40%

The alleged exploiter drained roughly $27 million of crypto assets including various types of staked ether (ETH), Ethena’s sUSDE and wrapped USDC stablecoin from the protocol, blockchain data shows. Later, it converted the proceeds to ETH using predominantly Li.fi and forwarded to asset to a new address, according to Etherscan data.

Source

Comments (No)

Leave a Reply

Cryptocurrencies: 17,170
Markets: 1,282
Marketcap: $ 2.81 T
24h Vol: $ 143.23 B
BTC Dominance: 59.06%