Payy Network halts operations after $1.92M USDC exploit: Smart-contract vulnerability
The Payy Network exploit highlights the ongoing vulnerabilities in DeFi infrastructure, raising concerns about security and user trust in digital finance. The post Payy Network halts operations after $1.92M USDC exploit drains Ethereum rollup appeared first on Crypto Briefing .
StatusConfirmed
Reported loss$1.9M
ChainEthereum
Confidence80%
Evidence boundary
Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.
Sources
- https://cryptobriefing.com/payy-network-halt-usdc-exploit-ethereum-rollup/
- https://thedefiant.io/news/hacks/payy-halts-network-after-1-92-million-usdc-drain
Record history
First seen: 2026-09-24T10:58:28.000Z. Last updated: 2026-09-24T18:37:59.237Z. Revision: 1.