Venus Protocol has announced that while their system remains secure, there is a possibility that their front-end may have been compromised to target large account holders with phishing attacks. The team is conducting a thorough investigation into this potential breach.
Additionally, it is suspected that a targeted malware attack may have been launched against a large account holder's computer. The hackers involved appear to have meticulously planned the attack, with complex funding sources, including gas fees sourced from Monero (XMR) exchanges. The actual financial loss is still under review but is estimated to be under $20 million.
Venus Protocol is working closely with the affected account holder to resolve the issue and urges the community to remain calm as they continue to investigate the details. The updates aim to prevent unnecessary market speculation and panic.
Venus Protocol Investigates Potential Front-End Exploit Amidst Phishing Concerns
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