
AiCoin|Sep 02, 2025 10:14
[Venus Protocol Experienced Three Security Incidents with Losses Exceeding $100 Million]
Venus Protocol has gone through three major security incidents, with cumulative losses exceeding $100 million. In May 2021, the price of the governance token XVS was manipulated, resulting in protocol bad debt; in May 2022, a vulnerability in the LUNA oracle caused a $11.2 million loss; in December 2023, a Binance Oracle pricing malfunction led to an abnormal drop in snBNB assets to $240.
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