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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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.