The post Crypto Weekly report: Major Hacks Target Penpie, ChainLink, and Pythia in Devastating Week appeared first on Coinpedia Fintech News
It was a volatile week for the crypto industry, where several big-name platforms were hit by hackers stealing millions. Cybercriminals have escalated their activity from hacking into DeFi protocols to stealing users’ credentials on Discord servers.
A staggering $42.7 million worth of Ether was moved through the Tornado Cash, which may raise questions about the security of blockchains. The most prominent of these were the Penpie exploit which by themselves resulted in the loss of $27 million as loopholes within the platform’s reward system were used by hackers.
Penpie Exploited, $27 million lost by investors
The attackers stole $27 million from the Penpie platform. The hack entailed an exploit on a bug that existed in Penpie’s reward system to siphon off funds from the system. The attacker was able to switch the stolen funds in
We współpracy z: https://coinpedia.org/news/crypto-weekly-report-major-hacks-target-penpie-chainlink-and-pythia-in-devastating-week/
