Venus Protocol User Targeted by Crypto Phishing, Funds Successfully Recovered

Phishing Attack Incident: A BNB whale lost $13.5 million in a phishing attack on Venus Protocol, which was confirmed as an isolated incident rather than a protocol hack. The attacker gained access by tricking the victim into signing a malicious transaction.

Response and Recovery: Venus Protocol temporarily paused operations to recover the stolen funds, which were eventually retrieved by force-liquidating the attacker's position. The incident highlights the ongoing threat of phishing in the cryptocurrency sector, with significant losses reported across the industry.