According to Odaily, a user has reportedly lost Pendle yield tokens worth $5.62 million due to a phishing attack. The incident was detected by Scam Sniffer, a cybersecurity monitoring platform, which reported the attack occurred 10 minutes prior to their announcement. The user was tricked into signing a Permit signature, a common tactic used by cybercriminals to gain unauthorized access to victims' digital assets. The loss of such a significant amount of Pendle yield tokens highlights the increasing risks associated with digital currency transactions and the importance of robust cybersecurity measures.