Seeing the recent security incident analysis of the Venus DeFi project, it's quite worth paying attention to. The attacker actually spent 9 months gradually accumulating THE tokens, reaching 84% of the supply cap before making a move, then bypassed restrictions by transferring directly, and finally established a position more than three times the limit. It sounds like a carefully planned Venus attack. What's more aggressive is exploiting the liquidity shortage of THE, using recursive operations to push the price from $0.27 to $0.53, borrowing several million CAKE and thousands of BNB. The project team has already paused the related lending functions as an emergency measure. Such incidents remind us that DeFi risks are indeed significant, especially for tokens with relatively weak liquidity, which are more vulnerable to attacks. Venus is already working with security teams to follow up on the investigation.

CAKE-2.19%
BNB1.09%
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