Venus Protocol Oracle Attack: $270.00K Reported Loss
According to on-chain data, a user deposited 0.5 BNB into Venus and borrowed a series of assets, including stkBNB, ankrBNB, etc.
- Reported loss
- $ 270,000
- Attack category
- Oracle Attack
Incident Overview
The user then exchanged them for 116.45 ETH assets and transferred them to another account. In response to the attack on Venus, official personnel from the Venus Protocol addressed the issue on Telegram, stating, "The core pool and XVS are not affected. The attack occurred due to a price malfunction in Binance's oracle, involving the BNB price in a small independent pool. The snBNB team is currently addressing this issue. The cause has been identified, and it has been reported to the Binance oracle team."
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.