$27M Phishing Scam Targets Venus Protocol User
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 02 2025
Venus Protocol Phishing Attack: A user lost approximately $27 million in a phishing attack on the Venus Protocol, where they inadvertently approved a malicious transaction, allowing the attacker to transfer funds from their wallet.
Bunni Exploit Incident: On the same day, the decentralized trading platform Bunni experienced a separate breach costing around $2.3 million due to vulnerabilities in its Ethereum-based smart contracts, highlighting ongoing security risks in the DeFi space.
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
