BNB Chain

Venus Protocol absolutely restored operations after efficiently recovering $27 million from an exploiter via an emergency governance-approved drive liquidation. The BNB Chain cash market protocol paused all providers following a complicated phishing assault that compromised a big person pockets. It then executed a community-driven restoration course of, which was later criticized for its incident response…

A Venus Protocol consumer has misplaced $13.5 million to a suspected phishing rip-off that occurred by the BNB Chain native cash market. Based on a PeckShield Security alert, the sufferer authorised a malicious transaction and granted token approval to the attacker’s handle (0x7fd8…202a), which facilitated the asset switch. PeckShield initially reported $27 million in property…