Yesterday, BNB Chain lending protocol Venus Protocol suffered a carefully orchestrated attack. An address funded from Tornado Cash manipulated the price of low-liquidity token THE, triggering a cascade of liquidations. The attacker leveraged approximately $9.92 million in operations, ultimately extracting approximately $5.07 million in assets from Venus while leaving behind $2.15 million in bad debts. This marks another major security incident for Venus since 2021.

This event once again exposes structural risks in the DeFi sector — the combination of low-liquidity tokens and delayed oracles remains a breeding ground for price manipulation. More concerning is that Venus experienced a similar "donation attack" in February of this year but failed to implement fundamental repairs.

For the crypto sector, this alarm bell is loud enough: security is not a one-time achievement, but an ability that requires continuous evolution. #比特币重新站上7万美元大关 $THE