PANews reported on September 3rd that Venus Protocol has been urgently suspended to protect assets due to a phishing attack. Officials are proposing a phased restoration: debt repayment and replenishment will be allowed within 5 hours, stolen funds will be recovered within 7 hours, a security review will be completed within 24 hours to prevent similar attacks, and the attacker's wallet will be forcibly liquidated. A full restoration date will be announced separately, and voting is open. Due to time constraints, users must take a snapshot and vote within 1 hour . If the vote passes, the above plan will be implemented immediately.PANews reported on September 3rd that Venus Protocol has been urgently suspended to protect assets due to a phishing attack. Officials are proposing a phased restoration: debt repayment and replenishment will be allowed within 5 hours, stolen funds will be recovered within 7 hours, a security review will be completed within 24 hours to prevent similar attacks, and the attacker's wallet will be forcibly liquidated. A full restoration date will be announced separately, and voting is open. Due to time constraints, users must take a snapshot and vote within 1 hour . If the vote passes, the above plan will be implemented immediately.

Venus Protocol initiates emergency vote to force liquidate attacker positions

2025/09/03 00:11
1 min read

PANews reported on September 3rd that Venus Protocol has been urgently suspended to protect assets due to a phishing attack. Officials are proposing a phased restoration: debt repayment and replenishment will be allowed within 5 hours, stolen funds will be recovered within 7 hours, a security review will be completed within 24 hours to prevent similar attacks, and the attacker's wallet will be forcibly liquidated. A full restoration date will be announced separately, and voting is open. Due to time constraints, users must take a snapshot and vote within 1 hour . If the vote passes, the above plan will be implemented immediately.

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