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Venus Protocol: Plans to initiate a vote to promote full restoration of the protocol
8hours ago

According to Odaily Planet Daily, the hacked Venus Protocol issued a statement on the X platform stating that the phishing attack against users caused the protocol to be quickly suspended to protect the security of assets. It is currently recommended to partially resume the protocol to adjust positions and avoid liquidation, and to force liquidate the attacker's wallet. After the security review is thoroughly completed, the protocol will be fully restored. The specific arrangements are as follows:

1. Partial restoration of the Venus protocol within 5 hours (enabling debt repayment/funding)

2. Recover stolen funds within 7 hours

3. Conduct a security review of Venus within 24 hours to prevent repetition of such attacks on other users.

4. Full restoration of the agreement - timetable to be released through the official X account.