According to BlockBeats, on September 4, Pendle officials stated, “After a thorough investigation, we can confirm that the funds on Pendle are still safe.
However, we discovered a security vulnerability in Penpie, a separate protocol built on top of Pendle.
As a precautionary measure, Pendle has temporarily suspended all contract operations and will maintain close communication with the Penpie team to actively assist Penpie in resolving this issue as soon as possible.”
