Venus: Precautions have been taken in response to the Balancer attack incident until system stability is confirmed.

By: odaily.com|2025/11/03 11:31:43

Odaily Planet Daily reports that Venus Protocol posted on the X platform: "Reports today indicate that Balancer has been hacked. As a precaution, Venus Protocol has set the loan-to-value (LTV) ratio on the BAL market on Ethereum to 0 and suspended all new lending and borrowing using BAL as collateral until the system is confirmed to be stable. The liquidation threshold remains at 59%, so existing positions are unaffected. Users should still closely monitor their positions and health and consider repaying loans or adding collateral to ensure security."

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