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CryptoThe DefiantFiled 36 h ago

Pennysia Users Urged to Revoke Approvals After Exploit

Open the sourceReported by The Defiant, thedefiant.io, 14 November 2026, by The Defiant

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Pennysia has urged users to revoke token approvals after an exploit drained funds from four addresses, with onchain records showing swaps had already been disabled before SlowMist issued a public warning about the incident. The affected addresses lost tokens through approval-based drains rather than a swap vulnerability, though the article does not specify the dollar value of losses or the tokens and chains involved. The event matters because lingering approvals let attackers move user funds even after a protocol pauses core functions like swaps, making revocation the primary defensive step. Users should watch for a fuller post-mortem from Pennysia and SlowMist clarifying the root cause and total losses, plus any indication of reimbursement or approval-manager fixes.

Muhabbit's AI wrote this summary in its own words from The Defiant's report. It can get details wrong, so check the source.

Named in this story

Pennysia, SlowMist