Suspected $3.7M exploit hits Venus Protocol after attacker uses illiquid token as collateral.

news.bitcoin •

Revision history

8 recorded changes

🖱️ 128👤 92🤖 36

128 clicks·~13.8k impressions·0.9% CTR

Web Telegram 𝕏

Want your article here?

Promote with Leviathan News

oof venus. attacker using illiquid token as collateral is peak degen, straight to 3.7m exploit. stay safe out there ser

More coverage

DeFi just got hit again suspected $3.7M exploit on Venus Protocol ... (x.com)
Venus Protocol Flash-Loan Attack Suspected, $3.7M Stolen - Phemex (phemex.com)
Venus Protocol exploited for $3.7M through supply-cap ... - Whale Alert (whale-alert.io)
Venus Protocol - Rekt IV (rekt.news)
Venus Protocol exploited for $3.7M through supply cap manipulation (thedefiant.io)

Explore the topic

More on Venus

Cysic Venus v0.2.0 ships Rust proving-key setup with 3x faster key generation

Github ·

Venus's multi-layer oracle defense: How your DeFi Assets stay protected

𝕏/@VenusProtocol ·

Venus Protocol partners with Fluid to launch Venus Flux, a unified liquidity layer on BNB Chain enabling lend, borrow, swap from one pool.

𝕏/@VenusProtocol ·

Venus Protocol is back online after a user lost $27M in a phishing scam. The protocol wasn’t breached; it paused services, then recovered the stolen funds through forced liquidation with community approval. Withdrawals and liquidations have now fully resumed.

Cryptonews ·

A user of VenusProtocol has been drained ~$27M in crypto after falling for a phishing scam. The victim approved a malicious transaction, granting token approval to the attacker's address (0x7fd8...202a) for asset transfer.

𝕏/@PeckShieldAlert ·

BNB Bridge exploiter liquidated for another $30m on Venus lending market

Coindesk ·

Cysic Venus v0.2.0 ships Rust proving-key setup with 3x faster key generation

Github ·

Venus's multi-layer oracle defense: How your DeFi Assets stay protected

𝕏/@VenusProtocol ·

Venus Protocol partners with Fluid to launch Venus Flux, a unified liquidity layer on BNB Chain enabling lend, borrow, swap from one pool.

𝕏/@VenusProtocol ·

Venus Protocol is back online after a user lost $27M in a phishing scam. The protocol wasn’t breached; it paused services, then recovered the stolen funds through forced liquidation with community approval. Withdrawals and liquidations have now fully resumed.

Cryptonews ·

A user of VenusProtocol has been drained ~$27M in crypto after falling for a phishing scam. The victim approved a malicious transaction, granting token approval to the attacker's address (0x7fd8...202a) for asset transfer.

𝕏/@PeckShieldAlert ·

BNB Bridge exploiter liquidated for another $30m on Venus lending market

Coindesk ·

Loading related coverage…

Explore the full feed

oof venus. attacker using illiquid token as collateral is peak degen, straight to 3.7m exploit. stay safe out there ser

https://t.co/LBsOBh62hn

Venus team has acted real fast and professional about the matter. The protocol itself is working as intended as the damage was only on $THE pool

This situation is a bit different from how it’s being framed tbh and best bet is to follow the official handle for what's what Jsyk, the impact has been contained to the $THE market, while the rest of the Venus protocol continues operating normally.

oof venus. attacker using illiquid token as collateral is peak degen, straight to 3.7m exploit. stay safe out there ser

Loading comments…

Suspected $3.7M exploit hits Venus Protocol after attacker uses illiquid token as collateral.

More coverage

Explore the topic

More on Venus

Cysic Venus v0.2.0 ships Rust proving-key setup with 3x faster key generation

Venus's multi-layer oracle defense: How your DeFi Assets stay protected

Venus Protocol partners with Fluid to launch Venus Flux, a unified liquidity layer on BNB Chain enabling lend, borrow, swap from one pool.

Venus Protocol is back online after a user lost $27M in a phishing scam. The protocol wasn’t breached; it paused services, then recovered the stolen funds through forced liquidation with community approval. Withdrawals and liquidations have now fully resumed.

A user of VenusProtocol has been drained ~$27M in crypto after falling for a phishing scam. The victim approved a malicious transaction, granting token approval to the attacker's address (0x7fd8...202a) for asset transfer.

BNB Bridge exploiter liquidated for another $30m on Venus lending market

Cysic Venus v0.2.0 ships Rust proving-key setup with 3x faster key generation

Venus's multi-layer oracle defense: How your DeFi Assets stay protected

Venus Protocol partners with Fluid to launch Venus Flux, a unified liquidity layer on BNB Chain enabling lend, borrow, swap from one pool.

Venus Protocol is back online after a user lost $27M in a phishing scam. The protocol wasn’t breached; it paused services, then recovered the stolen funds through forced liquidation with community approval. Withdrawals and liquidations have now fully resumed.

A user of VenusProtocol has been drained ~$27M in crypto after falling for a phishing scam. The victim approved a malicious transaction, granting token approval to the attacker's address (0x7fd8...202a) for asset transfer.

BNB Bridge exploiter liquidated for another $30m on Venus lending market

Total stats

How to Earn

More on Venus

Cysic Venus v0.2.0 ships Rust proving-key setup with 3x faster key generation

Venus's multi-layer oracle defense: How your DeFi Assets stay protected

Venus Protocol partners with Fluid to launch Venus Flux, a unified liquidity layer on BNB Chain enabling lend, borrow, swap from one pool.

Venus Protocol is back online after a user lost $27M in a phishing scam. The protocol wasn’t breached; it paused services, then recovered the stolen funds through forced liquidation with community approval. Withdrawals and liquidations have now fully resumed.

A user of VenusProtocol has been drained ~$27M in crypto after falling for a phishing scam. The victim approved a malicious transaction, granting token approval to the attacker's address (0x7fd8...202a) for asset transfer.

BNB Bridge exploiter liquidated for another $30m on Venus lending market

Cysic Venus v0.2.0 ships Rust proving-key setup with 3x faster key generation

Venus's multi-layer oracle defense: How your DeFi Assets stay protected

Venus Protocol partners with Fluid to launch Venus Flux, a unified liquidity layer on BNB Chain enabling lend, borrow, swap from one pool.

Venus Protocol is back online after a user lost $27M in a phishing scam. The protocol wasn’t breached; it paused services, then recovered the stolen funds through forced liquidation with community approval. Withdrawals and liquidations have now fully resumed.

A user of VenusProtocol has been drained ~$27M in crypto after falling for a phishing scam. The victim approved a malicious transaction, granting token approval to the attacker's address (0x7fd8...202a) for asset transfer.

BNB Bridge exploiter liquidated for another $30m on Venus lending market

Suspected $3.7M exploit hits Venus Protocol after attacker uses illiquid token as collateral.

More coverage

Explore the topic

More on Venus

Cysic Venus v0.2.0 ships Rust proving-key setup with 3x faster key generation

Venus's multi-layer oracle defense: How your DeFi Assets stay protected

Venus Protocol partners with Fluid to launch Venus Flux, a unified liquidity layer on BNB Chain enabling lend, borrow, swap from one pool.

Venus Protocol is back online after a user lost $27M in a phishing scam. The protocol wasn’t breached; it paused services, then recovered the stolen funds through forced liquidation with community approval. Withdrawals and liquidations have now fully resumed.

A user of VenusProtocol has been drained ~$27M in crypto after falling for a phishing scam. The victim approved a malicious transaction, granting token approval to the attacker's address (0x7fd8...202a) for asset transfer.

BNB Bridge exploiter liquidated for another $30m on Venus lending market

Cysic Venus v0.2.0 ships Rust proving-key setup with 3x faster key generation

Venus's multi-layer oracle defense: How your DeFi Assets stay protected

Venus Protocol partners with Fluid to launch Venus Flux, a unified liquidity layer on BNB Chain enabling lend, borrow, swap from one pool.

Venus Protocol is back online after a user lost $27M in a phishing scam. The protocol wasn’t breached; it paused services, then recovered the stolen funds through forced liquidation with community approval. Withdrawals and liquidations have now fully resumed.

A user of VenusProtocol has been drained ~$27M in crypto after falling for a phishing scam. The victim approved a malicious transaction, granting token approval to the attacker's address (0x7fd8...202a) for asset transfer.

BNB Bridge exploiter liquidated for another $30m on Venus lending market

Comments

Total stats

How to Earn

More on Venus

Cysic Venus v0.2.0 ships Rust proving-key setup with 3x faster key generation

Venus's multi-layer oracle defense: How your DeFi Assets stay protected

Venus Protocol partners with Fluid to launch Venus Flux, a unified liquidity layer on BNB Chain enabling lend, borrow, swap from one pool.

Venus Protocol is back online after a user lost $27M in a phishing scam. The protocol wasn’t breached; it paused services, then recovered the stolen funds through forced liquidation with community approval. Withdrawals and liquidations have now fully resumed.

A user of VenusProtocol has been drained ~$27M in crypto after falling for a phishing scam. The victim approved a malicious transaction, granting token approval to the attacker's address (0x7fd8...202a) for asset transfer.

BNB Bridge exploiter liquidated for another $30m on Venus lending market

Cysic Venus v0.2.0 ships Rust proving-key setup with 3x faster key generation

Venus's multi-layer oracle defense: How your DeFi Assets stay protected

Venus Protocol partners with Fluid to launch Venus Flux, a unified liquidity layer on BNB Chain enabling lend, borrow, swap from one pool.

Venus Protocol is back online after a user lost $27M in a phishing scam. The protocol wasn’t breached; it paused services, then recovered the stolen funds through forced liquidation with community approval. Withdrawals and liquidations have now fully resumed.

A user of VenusProtocol has been drained ~$27M in crypto after falling for a phishing scam. The victim approved a malicious transaction, granting token approval to the attacker's address (0x7fd8...202a) for asset transfer.

BNB Bridge exploiter liquidated for another $30m on Venus lending market