Venus Protocol @VenusProtocol
Lend, Borrow & Earn on the #1 Multichain Decentralized Money Market. https://t.co/40KgbStWSs Official Telegram: https://t.co/FpFHB0IH2k venus.io Multichain Joined September 2020-
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Followers230K
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Likes3K
It was amazing that we could to turn the tide and have the best possible outcome for all. Huge shout out to @peckshield @hexagate_ @HypernativeLabs @chaos_labs and the amazing Venus Community. This would not have worked out if one piece wasn't in place. Stay safe, everyone 💪
It was amazing that we could to turn the tide and have the best possible outcome for all. Huge shout out to @peckshield @hexagate_ @HypernativeLabs @chaos_labs and the amazing Venus Community. This would not have worked out if one piece wasn't in place. Stay safe, everyone 💪
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Proud to be at the forefront of growth with @redstone_defi 💪
Proud to be at the forefront of growth with @redstone_defi 💪
Update: Partial restoration of Venus Protocol completed.✅ Users can now adjust positions (repay debt / supply funds) and avoid liquidations (still paused).
Update: Partial restoration of Venus Protocol completed.✅ Users can now adjust positions (repay debt / supply funds) and avoid liquidations (still paused).
Voting has ended, and the Venus community has voted 100% to proceed with the outlined plan. We are so thankful for your support, and will proceed with the execution. More updates to follow.
Voting has ended, and the Venus community has voted 100% to proceed with the outlined plan. We are so thankful for your support, and will proceed with the execution. More updates to follow.
Phishing Attack Updates + Lightning Vote (join the vote now!) TLDR; A phishing attack on a user prompted a swift protocol pause to protect assets. We propose partial resumption for position adjustments and liquidation avoidance, plus force-liquidation of the attacker's wallet.…
Update: we are in direct contact with the victim of the phishing attack, and the protocol will remain paused while we try to recover his funds. Venus was not exploited, but we are committed to protecting our users. If the protocol resumes now, the hacker gets the user's funds.
Update: we are in direct contact with the victim of the phishing attack, and the protocol will remain paused while we try to recover his funds. Venus was not exploited, but we are committed to protecting our users. If the protocol resumes now, the hacker gets the user's funds.
We are aware of the user wallet being drained (smart contract is safe) and are actively investigating. Venus is currently paused following security protocols. We will keep you all updated as soon as we know more.
To clarify, Venus Protocol has NOT been exploited. A user has been attacked. Smart contract is safe.
To clarify, Venus Protocol has NOT been exploited. A user has been attacked. Smart contract is safe.
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