Puffer Finance Hacked: Users Urged to Halt Interactions
Puffer Finance’s official website (puffer.fi) and social media channels have been compromised in a security breach disclosed by PeckShieldAlert. Users are strongly advised to cease all interactions with the platform while the team investigates the incident. Although the team has resolved issues with its X account, the investigation into the root cause of the hack is ongoing. No fund theft has been reported so far, and Puffer Finance will provide updates once the review is complete.
Bearish
A security breach on Puffer Finance’s website and social media channels directly undermines user confidence in the platform’s integrity. Historically, similar incidents—such as the 2021 Euler Finance exploit—led to immediate price declines of affected tokens and increased withdrawal pressure. In the short term, traders may reduce exposure to Puffer Finance services and its token, driving bearish sentiment. If the team resolves the vulnerability promptly without loss of funds, long-term damage could be limited; however, reputational risks remain, sustaining cautious market behavior until full remediation is verified.