In brief
- A Binance Smart Chain user fell victim to a phishing scam and lost $13.5 million worth of tokens on Tuesday.
- Early reports suggested that BNB lending platform Venus Protocol had been hacked, but blockchain security firms subsequently confirmed that this was not the case.
- Venus Protocol and security firm PeckShield are in contact with the victim and are attempting to recover the funds that still sit in the attacker’s wallet.
A user on the Binance Smart Chain has lost $13.5 million to a phishing scam, according to security experts and those who have spoken with the victim. Several groups are now working with the victim and are attempting to recover the funds.
Early reports indicated that BNB lending protocol Venus Protocol had been hacked, due to the funds being held in Venus wrapper tokens for USDT and USDC. However, blockchain security firm Cyvers and Venus Protocol confirmed to Decrypt that the lending platform is not compromised—meaning the assets of o
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Author: Ryan Gladwin
