Penpie Promises 10% Reward for Crucial Information about the Hacker
CryptoNewsTerminal Staff06 Sep, 2024
Penpie Promises 10% Reward for Crucial Information about the Hacker
Penpie, a decentralized finance (DeFi) protocol based on Penpal, was recently exploited, resulting in the theft of cryptocurrency worth over $27 million. In response, Penpie has announced that it will offer a reward of up to 10% of the recovered funds to anyone who provides crucial information leading to the identification and apprehension of the hacker. This announcement demonstrates Penpie's commitment to recovering the stolen assets and holding the responsible parties accountable. The company is urging anyone with relevant information to come forward and assist in the investigation. Penpie believes that this reward will incentivize individuals to share valuable insights that could help bring the hacker to justice. Penpie is actively working with law enforcement and security experts to investigate the incident and prevent future attacks. The company is also implementing additional security measures to enhance the protection of its platform and users' assets.
