Venus Protocol Allegedly Suffers Flash Loan Attack, THE Experiences Massive Liquidations

GateNews

Daily Crypto News Security Incidents

Source: odaily

2026-03-15 13:31:06

BTC1,19%

BNB0,94%

CAKE5,04%

Gate News reports that on March 15, according to community sources, the BNB Chain lending protocol Venus Protocol appears to have been targeted by a flash loan attack, resulting in a large-scale liquidation of the token THE. According to KOL Aussie 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. The liquidation of THE is still ongoing, with approximately 42 million THE tokens remaining to be liquidated, valued at about $14 million.

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