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Venus Protocol Bounces Back: Recovers Full $27M in Stolen Funds After Major Exploit
Venus Protocol Bounces Back: Recovers Full $27M in Stolen Funds After Major Exploit
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DeFi platform Venus Protocol executes stunning recovery operation—retrieving every stolen dollar from September's $27 million exploit.
How They Did It
The team leveraged on-chain tracking and coordinated with exchanges to freeze and reclaim the stolen assets. No elaborate ransom negotiations—just cold, hard blockchain forensics.
Services Restored, Confidence Returning
All lending and borrowing operations are back online with enhanced security measures. Users are cautiously returning—though some are keeping larger positions elsewhere (because in crypto, trust is earned, not given).
Another day, another DeFi exploit—but this time with a rare happy ending that almost makes you forget how often this keeps happening.
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