Venus Protocol on BNB Chain Hit by Flash Loan Attack, $14M in THE Tokens Awaiting Liquidation
Venus Protocol, a lending platform on BNB Chain, was targeted in a flash loan attack that triggered large-scale liquidations of THE token, ChainCatcher reports citing community discussions. The suspected attacker's wallet now holds about $3.6 million in assets, including roughly 20 BTC, 1.5 million CAKE and around 200 BNB, according to KOL Tuyao DashiXiong. About 42 million THE tokens, valued at approximately $14 million, remain to be liquidated.