The post Suspected $3.7M Exploit Hits Venus Protocol After Attacker Uses Illiquid Token as Collateral appeared on BitcoinEthereumNews.com. Venus Protocol, a decentralizedThe post Suspected $3.7M Exploit Hits Venus Protocol After Attacker Uses Illiquid Token as Collateral appeared on BitcoinEthereumNews.com. Venus Protocol, a decentralized

Suspected $3.7M Exploit Hits Venus Protocol After Attacker Uses Illiquid Token as Collateral

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Venus Protocol, a decentralized finance ( DeFi) lending platform on BNB Chain, is investigating unusual activity after an address allegedly used the illiquid $THE token as collateral to extract roughly $3.7 million in digital assets before large-scale liquidations began. Suspected $3.7M Venus Protocol Exploit Hits BNB Chain Lending Markets Onchain and social media alerts first […]

Source: https://news.bitcoin.com/suspected-3-7m-exploit-hits-venus-protocol-after-attacker-uses-illiquid-token-as-collateral/

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