TechFlow news: Penpie experienced a security vulnerability this morning and has suspended all deposit and withdrawal operations. The Penpie team is actively resolving the issue and urging users to remain patient and supportive. Penpie emphasizes the importance of transparency, is currently monitoring the situation and restoring its frontend interface. Meanwhile, Penpie is cooperating with law enforcement authorities to address the issue.
Following a comprehensive investigation, Pendle has confirmed that funds on Pendle remain secure. However, a security vulnerability has been identified in Penpie, an independent protocol built atop Pendle. As a precautionary measure, Pendle has temporarily paused all contracts.
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