Venus Protocol: Fully Restored, Lost Funds Recovered
According to Jinse Finance, as of 05:58 (GMT+8), Venus Protocol has fully resumed operations (withdrawal and liquidation functions have been restarted); the lost funds have been recovered under the protection of Venus. Previously, a Venus Protocol user on BNB Chain mistakenly approved a malicious transaction, granting token permissions and resulting in a loss of $27 million in digital assets. Venus Protocol clarified that it was not attacked, subsequently suspended services, and initiated an emergency vote to forcibly liquidate the attacker's position.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Derivatives market reflects a reversal in bearish sentiment for Bitcoin, with bullish demand on the rise
RootData: XION will unlock tokens worth approximately $22.13 million in one week
CryptoQuant CEO: Bitcoin On-Chain Indicators Show Bearish Signals, Future Upside May Depend on Macro Liquidity
