Venus - Recent articles
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![Binance Bridge Hacker Hit By $30M Liquidation On Venus](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F4cb82c0e2b7785b8639f626ff8c25f90f6c71314-880x495.jpg&w=828&q=75)
Binance Bridge Hacker Hit By $30M Liquidation On Venus
BNB Chain Core Team Intervened Manually To Ease On-chain Volatility
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![Bad Debt Piles up at DeFi Lending Protocols](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fc35b83bf642ffc9ee7ebb217035220aff3367fe1-880x495.jpg&w=828&q=75)
Bad Debt Piles up at DeFi Lending Protocols
Venus Protocol and Iron Bank Incur Eight-Digit Liabilities as MakerDAO Keeps a Clean Sheet
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![BSC's Venus Protocol Left With Bad Debt After Liquidations](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Fplaceholder.8776f6e0.jpg&w=828&q=75)
BSC's Venus Protocol Left With Bad Debt After Liquidations
Binance Smart Chain’s most popular lending protocol, Venus, experienced a massive string of market liquidations totaling over $200M on May 18, and Venus, itself, has been left with $100M in bad debt because of it. The liquidations were primarily caused by the massive price swing of Venus’ governance token, XVS. The token jumped 88% from…