Hacker praised after $27M crypto heist from Penpie DeFi protocol
The $27 million Penpie hack caught the attention of the notorious Euler Finance hacker, who sent an onchain message to a fellow criminal.
The hacker responsible for stealing $27 million in crypto from the decentralized finance (DeFi) protocol Penpie received an appreciation message from a fellow criminal.Â
On Sept. 3, Penpie suffered an exploit, losing digital assets worth $27 million. In response, the DeFi platform suspended the deposits and withdrawals. Less than a day after the hack, the Penpie hacker sent $7 million in assets to the crypto mixer Tornado Cash.Â
A crypto mixer blends digital asset transactions with vast amounts of other funds to anonymize fund transfers. While they are used for privacy, hackers often use these services to launder their ill-gotten gains.Â
The $27 million Penpie hack caught the attention of the notorious Euler Finance hacker, who sent an onchain message to a fellow criminal.
The hacker responsible for stealing $27 million in crypto from the decentralized finance (DeFi) protocol Penpie received an appreciation message from a fellow criminal. On Sept. 3, Penpie suffered an exploit, losing digital assets worth $27 million. In response, the DeFi platform suspended the deposits and withdrawals. Less than a day after the hack, the Penpie hacker sent $7 million in assets to the crypto mixer Tornado Cash. A crypto mixer blends digital asset transactions with vast amounts of other funds to anonymize fund transfers. While they are used for privacy, hackers often use these services to launder their ill-gotten gains. Read more Â