Home > Quick > Body

VenusProtocol launches emergency vote to force liquidation of attacker positions

clock
2025-09-02 16:16:06
The Venus Protocol has been urgently suspended to protect assets due to user phishing attacks. The official proposal is to resume in stages: allow debt repayment and replenishment within 5 hours, recover stolen funds within 7 hours, complete security review within 24 hours to prevent similar attacks, and force liquidation of attacker wallets. The full recovery time will be notified separately, and the relevant voting has been opened. Due to the tight time, users need to take a snapshot to vote within 1 hour. If the vote is passed, we will implement the above plan immediately.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.