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@buq
Pendle released a report on the analysis of the Penpie attack, stating that "Pendle immediately suspended our contract upon discovering a security vulnerability, protecting approximately $105 million in security funds that may be further lost from Penpie." At 01:45 today, the attacker deployed the first contract used for the attack. Our real-time internal monitoring system detected it as a suspicious contract, which was funded by TornadoCash and interacted with the Pendle contract. At 01:46, the team was aware of this danger signal and remained vigilant, while conducting an investigation to see if this posed a real security threat to Pendle. At 02:23, the first attack occurred on Penpie, which is a well-established platform. An independent protocol on top of Pendle. At 02:25 (approximately 2 minutes after the Penpie security vulnerability occurred), the Pendle team made every effort to protect Pendle and Pencosoystem from any subsequent attacks. @eruptivitey @drcarol
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