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How a Hacker Lost $2.7M While Stealing from a Venus Whale

On September 2, a Venus protocol whale user fell victim to a phishing attack that granted the hacker borrowing and redeeming rights, putting approximately $13M of the user’s assets at risk. However, after the hack, the stolen assets remain within the Venus protocol. With the quick response and actions taken by the Venus team, the stolen funds were recovered, and the hacker ended up losing $2.7M.

Daniel Tan
about 15 hours ago
Analysis