Trezor and Ledger users targeted by scammers, fake official letters used to conduct seed phrase phishing

Venus Protocol Hacked for $3.7 Million Loss: $THE Low-Liquidity Tokens Became Attack Vector, BNB Chain DeFi Sounds Alarm Again

Decentralized lending protocol Venus Protocol was attacked for approximately $3.7 million on March 15, 2026, resulting in $2.18 million in bad debt. The attacker conducted a sophisticated attack by manipulating the price of low-liquidity token $THE, combining on-chain lending with off-chain derivatives, exposing systemic risks. The incident prompted the industry to re-examine collateral eligibility standards and risk parameter design.

Venus Protocol Hit by "Liquidation Bomb" Attack: Hacker Disguised as Normal Operations for 9 Months, Created $2.15 Million Bad Debt

BNB Chain's lending protocol Venus Protocol fell victim to a hacker attack on March 16 that had been planned for 9 months, ultimately resulting in the extraction of approximately $5.07 million in assets and causing $2.15 million in bad debt. The attacker manipulated the price of THE token to trigger liquidations, and Venus responded by reducing collateral factors across multiple markets, highlighting the risks DeFi protocols face with low-liquidity tokens.

China's Digital Yuan Operations Management Center Announces Three Types of Fraud Schemes

The China Digital Renminbi Operation and Management Center has announced three types of scams: pyramid schemes disguised as promotional activities, scams that lure transfers through rebate schemes for fake orders, and schemes that trick users into downloading counterfeit apps to steal information and funds.

White Hat Hacker Discloses Critical Vulnerability in Injective Protocol Involving 500 Million Dollars in Assets, Bug Bounty Dispute Remains Unresolved

White hat hacker f4lc0n discovered a serious vulnerability in the Injective protocol that could have led to the theft of $500 million in assets. Although the fix was rewarded with only a $50,000 bounty, which is below the maximum standard of $500,000, f4lc0n disputes this and plans to continue exposing the issue.

Venus Protocol Suffers Supply Cap Attack, Loses $3.7 Million

Decentralized lending platform Venus Protocol recently suffered a supply cap manipulation attack targeting the Thena token, resulting in losses exceeding $3.7 million. The attacker accumulated tokens over 9 months through gradual methods, ultimately bypassing the supply cap and manipulating the price to cause massive asset borrowing. The platform has suspended related lending and withdrawal functions to mitigate risks, exposing systemic vulnerabilities in DeFi protocols regarding long-term monitoring and low-liquidity tokens.

Aave and CoW Swap release contradictory analysis reports regarding the $50 million loss caused by high slippage trading.

On March 16th, Aave and CoW Swap each released reports regarding the "high slippage trading loss of $50 million" incident. Aave attributed the problem to insufficient market liquidity, while CoW Swap pointed out outdated gas limits and transactions not being submitted on-chain. The two parties held opposing views, and neither mentioned the approximately $44 million MEV bot-related situation.