Venus Protocol Suspected Flash Loan Attack, THE Faces Mass Liquidations

SmartContractAuditor · 2026-03-15T13:23:11+00:00

BNB Chain's lending protocol Venus Protocol was subjected to a flash loan attack, resulting in significant liquidations of the token THE. The attacker's wallet assets are worth about $3.6 million, including 20 BTC, 1.500,000 CAKE, and approximately 200 BNB. Currently, around 42 million THE tokens, valued at approximately $14 million, are still pending liquidation.

SmartContractAuditor

2026-03-15 13:23:11

Abstract generation in progress

Odaily Planet Daily reports that community sources indicate BNB Chain lending protocol Venus Protocol may have been targeted by a flash loan attack, resulting in significant liquidations of the related token THE.

According to KOL Tuo Australia Big Brother, the attacker’s wallet currently holds assets worth approximately $3.6 million, including about 20 BTC, 1.5 million CAKE, and around 200 BNB. Meanwhile, THE liquidations are ongoing, with approximately 42 million THE still awaiting liquidation, valued at about $14 million.

BTC1.14%

CAKE4.84%

BNB0.88%

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