Penpie News

Penpie is expanding to Sonic to unlock DeFi yield opportunities, enhancing accessibility and boosting governance with Pendle’s vePENDLE strategy.

Penpie was exploited for $27 million in crypto assets, causing token crashes and exposing the growing vulnerability in DeFi. The post DeFi Protocol Penpie Loses $27 Million in Hack, PNP Token Sinks 40% appeared first on BeInCrypto.

Crypto users lost some $2 billion due to hacks, scams and exploits throughout 2023, one report said.