Payy’s Ethereum bridge was exploited and drained on September 24, with one transaction moving approximately 1.83 million USDC. The company suspended all deposits, withdrawals, transfers, and card payments across its network. The exploit occurred at block 26044909 at 4:21 a.m. UTC. Payy has not disclosed the total loss amount or provided a timeline for restoring services. Users are currently unable to move or spend their funds.
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