Fears of $27M Venus Protocol hack turn out to be phishing attack on power user
The Venus Protocol user signed a malicious delegation transaction, granting the attacker’s contract control over their deposited funds.
The Venus Protocol user signed a malicious delegation transaction, granting the attacker’s contract control over their deposited funds.
DeFi lender Venus has a plan for a potential major liquidation of BNB made by hackers last year… but dodgy finances plague the protocol.
Once-multi-billion dollar DeFi money market, Venus (XVS), operates one of Binance Smart Chain’s most opaque book of finances.