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

Venus Protocol, a decentralized finance (DeFi) lending platform on BNB Chain, is investigating unusual activity after an address allegedly used the illiquid token $THE as collateral to mine approximately $3.7 million in digital assets before large-scale liquidations began. Alleged $3.7M Venus Protocol Exploit Hits BNB On-Chain Lending Markets. Alerts on the channel and social networks first (…)



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