Summary
- Pendle (PENDLE) officially stated that the protocol was not hacked and all funds are safe.
- Pendle said that a specific user's wallet was compromised and PT·YT tokens are being dumped.
- It reported that some have claimed that a whale wallet, not the protocol, was attacked.
On the 30th (local time), Pendle (PENDLE) officially clarified regarding the hacking allegations raised that "the protocol was not hacked" and "all funds are safe."
Pendle explained, "The issue is that a specific user's wallet was compromised, and the attacker is issuing PT·YT tokens and dumping them."
Earlier, cryptoasset (cryptocurrency) analyst Pix (@PixOnChain) claimed on X (formerly Twitter) that "Pendle may have been hacked," and some argued that it was a whale wallet, not the protocol, that was attacked.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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