A recent phishing attack led to a BNB whale losing $13.5 million from their account on Venus Protocol. The victim unknowingly approved a malicious transaction, giving the attacker access to their assets. Although it temporarily paused operations for recovery, Venus confirmed that the attack was não a protocol exploit. Security assessments linked the methods used to North Korean hackers. The protocol managed to recover the stolen funds by force-liquidating the attacker’s position. This incident underscores the broader issue of phishing in cryptocurrency, with significant losses reported in 2025 amounting to over $410 million across various attacks.
