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Penpie suspends all deposit and withdrawal operations due to contract security vulnerabilities

BlockBeats reported that on September 4, Penpie, an interest-bearing asset yield aggregator built on Pendle, announced that it has suspended all deposit and withdrawal operations due to a security vulnerability. The Penpie team is working hard to resolve this issue.

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1. Samsung Next, a subsidiary of Samsung, invested in Startale Labs, the development team of Sony's blockchain Soneium 2. Pendle released a report on the Penpie attack: the contract was suspended immediately after the vulnerability was discovered, saving $105 million in assets 3. Former Mt.Gox CEO is about to launch a new cryptocurrency trading platform EllipX 4. Vitalik's address unlocked 1.268 million STRK from the Starknet contract, equivalent to $470,000 5. Justin Sun: $8 million of SUN tokens have been destroyed, and the remaining $4 million of destruction is pending execution
PENDLE has experienced a surge in both price and TVL, with its token price increasing nearly 16 times from the beginning of the year until now.
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