Penpie Hacker Moves 7M of Stolen Funds Via Tornado Cash
Within approximately twelve hours of stealing $27 million on September 3, the hacker responsible for the Penpie protocol transfers roughly $7 million of stolen funds through the crypto mixer Tornado Cash. The intruder transferred 26% of the hacked funds to a Tornado Cash address on September 4, according to Web3 security firm Cyvers. The hacker’s […]
Penpie Protocol Suffers $27M Loss Due To Recent Hack
The Penpie protocols were victims of a digital asset hack on Sept. 3, 2024, and $27 million in client funds were drained. At the time of this writing, the Penpie protocol , an independent decentralized finance protocol constructed on top of Pendle, was the victim of an exploit on Sept. 3, 2024, resulting in the […]