Venus Protocol suspected of flash loan attack, large-scale liquidation of THE occurs
Odaily reported that community sources indicate Venus Protocol, a lending protocol on BNB Chain, appears to have suffered a flash loan attack, resulting in large-scale liquidation of the token THE.
According to KOL 土澳大师兄, the attacker's wallet currently holds assets worth about $3.6 million, including approximately 20 BTC, 1.5 million CAKE, and around 200 BNB. Meanwhile, liquidation of THE is ongoing, with about 42 million THE still awaiting liquidation, valued at approximately $14 million.
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