Home > Quick > Body

Venus Protocol clarifies that no vulnerability attack has occurred, and the bad debt originated from the oracle price error

clock
2025-11-05 04:37:20
Venus Protocol posted on social media that there has been no vulnerability attack on Venus Protocol.
On October 10, the market was volatile, resulting in bad debt. The bad debt was not caused by any smart contract vulnerability attack, but by a misrepresentation in the price broadcast of the oracle. The liquidation process of the Venus protocol was carried out as expected.
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.