Venus Protocol suspended all THE borrowing and withdrawals after detecting abnormal activity, stating the incident created a $2.15 million liquidation shortfall while other markets remain unaffected.
Venus Protocol said it suspended all borrowing and withdrawals for THE while it investigates abnormal activity in the THE pool. The protocol said the incident resulted in an estimated $2.15 million liquidation shortfall, and that the attacker extracted about $5.07 million from Venus. According to the update, other markets remain unaffected.