Twitter Security Alert

[Risk Level] R0 [Risk Tag] Token Issuance [Involved Currencies] PURR, PUSDC [Core Event] Purrlend suffers approximately $1.52 million loss due to compromised multi-signature administrator wallets [Key Facts] 1. Two-thirds of the Purrlend team's multi-signature administrator wallets were compromised, with attackers gaining administrative privileges such as BRIDGE_ROLE. 2. Attackers maliciously minted approximately 2 million pUSDm and 4.85 million pUSDC uncollateralized tokens using mintUnbacked. 3. Attackers used the minted tokens as collateral to borrow real assets, resulting in a protocol loss of approximately $1.52 million. 4. Funds were converted into USDC and ETH and transferred via Mayan and LiFi cross-chain transfers; approximately 652 ETH remains under monitoring. 5. The project team has suspended the protocol and launched an investigation, planning to introduce time locks and strengthen multi-signature security. [Published Time] 2026-05-01 06:42:28.000 [News Source] twitter.com/wublockchain12/sta...