The pcash DeFi protocol on EOS was attacked on May 1, resulting in the draining of the main swap contract's liquidity. The attacker stole approximately 2 million EOS tokens and attempted to evade governance by moving funds to EOS EVM accounts. The Pcash team covered user losses and worked with the EOS ecosystem to recover stolen assets, with significant funds recovered through EOS EVM administrative actions.

The EOS project pcash was attacked and lost about $2 million.