Venus protocol proves decentralized defense can defeat state-backed hackers
Source: CoinWorld
Time: 2025-09-08 22:03:39
After a phishing attack using a fake Zoom client led to the theft of $13 million in assets, Venus Protocol recovered $11.4 million in crypto assets and returned it to Eureka Trading CEO Sun Quan. The platform suspended operations within 20 minutes, forced the attacker's wallets within 12 hours, and worked with on-chain security companies. The incident was blamed on the Lazarus hacker group, highlighting the vulnerability in the DeFi security field, although the XVS token price stabilized after it was recovered.