- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Official Verification
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- Quick Buy
  Buy with bank card, Apple Pay, Google Pay, PIX, or SEPA
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Venus Protocol: Assets of Phishing Incident Victims Have Been Restored in Equivalent Value Based on Today's Token Price

By: theblockbeats.news|2025/09/08 03:51:51

BlockBeats News, September 8th, Decentralized lending protocol Venus Protocol tweeted that after conducting due diligence, the team has officially returned the $11.4 million position to the victim Kuan Sun (@KuanSun1990) at today's token price.

Prior to this, Venus Protocol released an analysis of a phishing attack stating that on September 2nd, user Kuan Sun suffered a loss of approximately $13 million. Within 13 hours, the Venus team took measures such as pausing the protocol and forcefully liquidating the attacker's wallet to successfully recover all funds and restore normal protocol operation. A security audit confirmed that the protocol itself was not compromised.

Standard Chartered Bank: Expects the Federal Reserve to Cut Interest Rates by 50 Basis Points in September

Barclays: Expects the Fed to Cut Interest Rates Three Times This Year, by 25 Basis Points Each Time