According to BlockBeats news, on September 3rd, Venus Protocol launched an emergency vote in response to a security incident, as users suffered from phishing attacks that led to the rapid suspension of the protocol to protect asset security. The official recommendation is to partially restore the protocol to adjust positions and avoid liquidation, and to implement forced liquidation on the attackers' wallets. The protocol will be fully restored after a thorough security review is completed. The voting content includes: partial restoration of the Venus protocol within 5 hours (enabling debt repayment/supplying funds); recovery of stolen funds within 7 hours; and a security review of Venus within 24 hours to prevent such attacks from being repeated on any other users. Full restoration of Venus - updates and timelines will be announced separately.
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Venus initiates an emergency vote: secure recovery protocol and recover stolen user funds.
According to BlockBeats news, on September 3rd, Venus Protocol launched an emergency vote in response to a security incident, as users suffered from phishing attacks that led to the rapid suspension of the protocol to protect asset security. The official recommendation is to partially restore the protocol to adjust positions and avoid liquidation, and to implement forced liquidation on the attackers' wallets. The protocol will be fully restored after a thorough security review is completed. The voting content includes: partial restoration of the Venus protocol within 5 hours (enabling debt repayment/supplying funds); recovery of stolen funds within 7 hours; and a security review of Venus within 24 hours to prevent such attacks from being repeated on any other users. Full restoration of Venus - updates and timelines will be announced separately.