Venus Protocol user suffers $13.5M loss from phishing attack
Venus Protocol paused the platform to conduct security reviews but said the $13.5 million loss was not linked to a flaw in its contracts.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Venus Protocol paused the platform to conduct security reviews but said the $13.5 million loss was not linked to a flaw in its contracts.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
$BNKR Tumbles After Bankr X Hack Sparks Fake Airdrop Scam Despite Passkey Security
Key Takeaways: The Bankr X account was spoofed to promote fraudulent airdrop links to users. Security fears are emerging due to th...
Triple-A hot wallet losses reach $12M amid security incident
The incident underscores the persistent vulnerabilities in crypto infrastructure, prompting scrutiny on security practices and reg...
BStocks attracts 41% of users new to Binance’s trading platform
Binance's bStocks could redefine market access, attracting new users and challenging traditional trading hours, but regulatory ris...
Binance’s CZ warns of hidden security risks in acquiring smaller exchanges
Acquiring smaller exchanges can expose larger platforms to significant security vulnerabilities, impacting user trust and financia...
Apple sued after users lose $1.8M to fraudulent crypto wallet app on iOS
The lawsuit highlights the critical need for enhanced app vetting processes and user vigilance, impacting trust in digital platfor...
How Ripple Became a Full-Stack Institutional Finance Platform
Ripple SVP Jack McDonald told Grayscale Research that the company has moved well beyond its origins as a cross-border payments pro...