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Venus Protocol Recovers $11.4M in Stolen Assets, Nemo Protocol Loses $2.4M in Separate Hack
Venus Protocol Recovers $11.4M in Stolen Assets, Nemo Protocol Loses $2.4M in Separate Hack
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BTCCSquare news:
Venus Protocol swiftly reclaimed $11.4 million in stolen assets after a phishing attack targeted Kuan Sun, CEO of Eureka Trading. The funds—including USDT, USDC, and FDUSD—were recovered through forced liquidation of the attacker's wallet, backed by blockchain security firms PeckShield and Hypernative Labs. The protocol confirmed its infrastructure remained uncompromised.
Meanwhile, Nemo Protocol suffered a $2.4 million breach involving stablecoins, underscoring persistent vulnerabilities in DeFi. No recovery efforts have been disclosed for this incident.
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