Venus Protocol, owned by a hacker 150 million dollarsDue to BNB position liquidation to the processentry.
The decline in the crypto market, BNB Chain endangered Venus Protocol, which operates in in the past months BNB chain The hack had taken place. The hacker had carried out a multimillion-dollar attack on the network and used these assets. The hacker invested the 900,000 BNB he stole in Venus Protocol. 150 million dollarsreceived a stablecoin loan.
Hacker’s Venus Protocol The 150 million dollar loan he used in . In Venus Protocol, which is in the liquidation process, the rescue work of the project team continues. Moreover BNB chainto Venus Protocol in case of possible liquidation. announced its support.
Venus Protocol Finds Support From BNB Chain
BNB ChainServing in the crypto loan field in Venus Protocol is going through tough times. in last October BNB chainThere is a danger of liquidation process in the user-sourced Venus Protocol, which carried out a major hack in .
Venus Protocol is what BNB Hacker uses on the platform 150 million dollars He got into trouble because of the loan. The project team began to look for ways to circumvent this situation. Moreover BNB chainteam, Venus Protocol’sHe announced that he would take over the position if he went into liquidation.
created by hacker 150 million dollar loan transaction reached the liquidation level. BNB price If it drops to $220 The liquidation process will begin. However, the fact that BNB Chain will take over the position has relieved the project team to some extent.
