Venus Protocol Flash Loan Attack Causes $3.7M Loss on BNB Chain

TLDR: Venus Protocol lost $3.7M in a flash loan attack using THE token as collateral. THE token price surged to $0.563 before collapsing to $0.22 during liquidation events. Six Venus markets including BCH and LTC were temporarily frozen after the exploit. Borrowing and withdrawals for THE token paused while investigation continues. Venus Protocol flash loan [...]

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