Security Incident · ETH Ecosystem
Payy Network Smart Contract Vulnerability: $1.83M Reported Loss
Payy’s Ethereum bridge contract was exploited and fully drained, with about 1,832,149 USDC leaving the contract.
- Reported loss
- $ 1,832,149
- Attack category
- Smart Contract Vulnerability
Incident Overview
Payy said the stolen funds were users’ non-custodial deposits to Payy Network / Payy Wallet, paused all transactions, and said it is working on fund retrieval and a root-cause analysis.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.