PANews reported on September 2nd that SlowMist founder Cos (Yu Xian) stated that no anomalies were found in the Venus protocol or front-end. Partners believe that while the major investors used hardware wallets, the wallet extension on their computers was maliciously replaced, with the "redeemUnderlying" operation being tampered with as "updateDelegate," leading to the theft of assets. The hackers' funds were partially sourced from XMR exchanges and the sanctioned dark web exchange eXch.PANews reported on September 2nd that SlowMist founder Cos (Yu Xian) stated that no anomalies were found in the Venus protocol or front-end. Partners believe that while the major investors used hardware wallets, the wallet extension on their computers was maliciously replaced, with the "redeemUnderlying" operation being tampered with as "updateDelegate," leading to the theft of assets. The hackers' funds were partially sourced from XMR exchanges and the sanctioned dark web exchange eXch.

Analysis: Venus Protocol's Largest User Suffers Targeted Attack Due to Wallet Extension Replacement

2025/09/02 19:09

PANews reported on September 2nd that SlowMist founder Cos (Yu Xian) stated that no anomalies were found in the Venus protocol or front-end. Partners believe that while the major investors used hardware wallets, the wallet extension on their computers was maliciously replaced, with the "redeemUnderlying" operation being tampered with as "updateDelegate," leading to the theft of assets. The hackers' funds were partially sourced from XMR exchanges and the sanctioned dark web exchange eXch.

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