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An attacker exploited a reentrancy vulnerability in the Penpie DeFi protocol on 3 September 2024 and drained approximately $27 million in crypto assets across Ethereum and Arbitrum. Penpie subsequently shut down deposits and withdrawals while responding to the exploit, leaving its core financial-service functions unavailable.
Estimated severity
78 / 100
Source reliability
91 / 100
Approximate Date
03/09/2024
Targeted Company
PENPIE
Distribution & Fulfillment
Procurement & Sourcing
Production & Manufacturing
Sales (Retail & Ecommerce)
Warehousing
Service Delivery
Unrecognized Impact
Supply Chain Relations
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No other affected countries reported
Target country
No information
Affected countries
No information
Impacted regions
No information
Duration
No information
Financial impact (USD M)
$27M
Impact types
Affected sectors
Affected departments
Attack types
Attributed threat actors
No information
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