Pendle App Usage Suspension: Urgent Notice Regarding Domain Hack

IconCryptoNewsTerminal Staff11 Jul, 2024

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Pendle App Usage Suspension: Urgent Notice Regarding Domain Hack

Pendle, a prominent DeFi yield protocol, has issued a crucial warning regarding a domain hack that has compromised its official website. The hack was executed through a technique known as domain name system (DNS) poisoning and has prompted Pendle to advise users to immediately suspend using the Pendle app. This measure is necessary until the issue is resolved. Pendle has reassured its users that their funds remain secure and intact. The team is diligently working to restore the affected domain and ensure the safety of the platform. In recent news, several DeFi applications have fallen victim to a surge of DNS domain attacks. Therefore, it is crucial for users to exercise vigilance and prioritize the security of their assets.