Summary
- Cryptoasset analyst Pix said Pendle (PENDLE) protocol may have been hacked.
- Pix claimed that PT, YT tokens are being minted and dumped.
- Some countered that the hack occurred in a whale wallet, not the protocol.
On the 30th (local time), virtual asset (cryptocurrency) analyst Pix (@PixOnChain) raised the possibility that the Pendle (PENDLE) protocol had been hacked via X (formerly Twitter). He claimed, "Someone is minting PT, YT tokens and dumping them."
However, there were counterarguments that it was not a hack. Another X user, Prime (@cryptomodee), said, "What was hacked was not the protocol but a whale wallet."


JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.


![[Analysis] "XRP risks repeating the 2022 rout…most short-term investors in the red"](https://media.bloomingbit.io/PROD/news/845f37bb-29b4-4bc5-9e10-8cafe305a92f.webp?w=250)
