In a recent cyberattack, Venus Protocol suffered a loss of over $3.7 million after a flash loan attack manipulated THE token‘s collateral value. As a decentralized platform on the BNB Chain, Venus Protocol allows users to lend and borrow digital assets, but this incident highlighted vulnerabilities linked to lower-liquidity tokens.
Continue Reading:Venus Protocol Heist Sparks Urgent Security Measures
Source: https://en.bitcoinhaber.net/venus-protocol-heist-sparks-urgent-security-measures
