Crypto-Sec: Two Auditors Overlook $27M Penpie Vulnerability

Monday, 9 September 2024, 17:13

Crypto-Sec reports that two auditors overlooked a major Penpie flaw leading to a $27M exploit. Additionally, Pythia Finance has seen an attacker exploiting a critical 'claim rewards' bug. This situation highlights pressing security concerns in the cryptocurrency space.
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Crypto-Sec: Two Auditors Overlook $27M Penpie Vulnerability

Recent High-Profile Audits Raise Security Questions

In a shocking turn of events, two auditors failed to detect a significant vulnerability within Penpie, allowing an exploit that cost the platform $27 million. This incident underscores the crucial role of thorough assessments in the cryptocurrency industry.

Pythia Finance's Claim Flaw Exposed

Adding to the turmoil, an attacker in Pythia Finance has taken advantage of a flaw in the 'claim rewards' feature, raising alarms about smart contract security across decentralized platforms. Vigilance remains paramount.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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