Venus Tightens Collateral Rules After $3.7 Million Exploit Involving THENA’s THE Token
Venus Protocol, the largest lending platform on BNB Chain, has frozen collateral on six additional markets after an attacker exploited THENA’s low-liquidity THE token to drain an estimated $3. 7 million in digital assets. Security researchers identified the attacker’s address as 0x1a35…6231, which received 7,400 ETH from crypto mixer Tornado Cash before executing the attack. Six Markets Frozen as Venus Hunts for Concentration Risk The attacker built a large position in THE, inflating its price from roughly $0
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