PANews reported on September 3 that following a phishing incident, Venus Protocol analyzed that on September 2, a user suffered a phishing attack resulting in a loss of approximately $13 million. The Venus team successfully recovered all funds and restored normal operation of the protocol within 13 hours by pausing the protocol and enforcing liquidation of the attacker's Wallet. A security audit confirmed that the protocol itself was not affected.
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BigStick
· 09-04 13:34
Venus Protocol Recovers $13 Million Stolen Funds from Phishing Attack PANews, September 3 - After the phishing incident, Venus Protocol analyzed that on September 2, a user suffered a phishing attack resulting in a loss of approximately $13 million. The Venus team successfully recovered all funds and restored normal operation of the protocol within 13 hours by pausing the protocol and performing Forced Liquidation on the attacker's Wallet. Security audits confirmed that the protocol itself was not affected.
Venus Protocol recovers $13 million in funds stolen from phishing attacks
PANews reported on September 3 that following a phishing incident, Venus Protocol analyzed that on September 2, a user suffered a phishing attack resulting in a loss of approximately $13 million. The Venus team successfully recovered all funds and restored normal operation of the protocol within 13 hours by pausing the protocol and enforcing liquidation of the attacker's Wallet. A security audit confirmed that the protocol itself was not affected.