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Venus Protocol exploited for $3.7M through supply cap manipulation: On-chain analysis

Venus Protocol exploited for $3.7M through supply cap manipulation: On-chain analysis

A threat actor bypassed Venus Protocol’s supply caps using Thena tokens to borrow multiple assets in what analysts suspect was a flash loan or price manipulation attack on BNB Chain. Venus Protocol on BNB Chain has been hit with a $3.7 million exploit involving manipulation of the platform’s supply cap mechanisms. According to on-chain data, [...]