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Venus Protocol has been fully restored and previously lost funds have been recovered

2025-09-03 00:03

According to an official announcement from Odaily Planet Daily, as of 5:58 AM Beijing time today, Venus Protocol has fully recovered, with withdrawal and liquidation functions re-enabled. Officials stated that approximately $27 million in losses caused by a user on BNB Chain mistakenly granting malicious trading permissions have been successfully recovered under the protocol's protection. Venus emphasized that this incident was not a platform attack, and that the community had already passed an emergency vote during the service suspension to forcibly liquidate the attacker's positions.