{"id":45242,"date":"2025-09-02T10:17:02","date_gmt":"2025-09-02T10:17:02","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45242"},"modified":"2025-09-02T10:17:02","modified_gmt":"2025-09-02T10:17:02","slug":"bnb-chain-based-venus-protocol-drained-of-27m-on-suspected-contract-compromise","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45242","title":{"rendered":"BNB Chain-Based Venus Protocol Drained of $27M on Suspected Contract Compromise"},"content":{"rendered":"<div>\n<p>Venus Protocol, one of the largest lending platforms on the BNB Chain, was hit by a suspected exploit on Tuesday with attackers seemingly draining an estimated $27 million worth of assets.<\/p>\n<p>On-chain sleuths said they suspect the protocol\u2019s Core Pool Comptroller contract was updated to a malicious address, which then siphoned off tokens including vUSDC and vETH. <\/p>\n<p>Security teams are tracking the stolen assets and the Venus community has yet to issue an official statement.<\/p>\n<p>The funds remain in the attacker\u2019s contract and have not yet been swapped, leaving open questions about whether the exploit will evolve into a full-scale cash-out.<\/p>\n<p>Venus functions as a money market on the BNB Chain, allowing users to deposit assets such as stablecoins and major tokens to earn interest, while borrowers post collateral to take out loans. <\/p>\n<p>Its native token, XVS, plays a role in governance and protocol incentives. At its peak, Venus held over $7 billion in assets, making it a core part of BNB Chain\u2019s DeFi ecosystem.<\/p>\n<p><em>(This is a developing story.)<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Venus Protocol, one of the largest lending platforms on the BNB Chain, was hit by a suspected exploit on Tuesday with attackers seemingly draining an estimated $27 million worth of assets. On-chain sleuths said they suspect the protocol\u2019s Core Pool Comptroller contract was updated to a malicious address, which then siphoned off tokens including vUSDC [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-45242","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45242"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45242\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}