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Venus

August 19, 2023
Binance Bridge Hacker Hit By $30M Liquidation On Venus

Binance Bridge Hacker Hit By $30M Liquidation On Venus

BNB Chain Core Team Intervened Manually To Ease On-chain Volatility
December 09, 2022
Bad Debt Piles up at DeFi Lending Protocols

Bad Debt Piles up at DeFi Lending Protocols

Venus Protocol and Iron Bank Incur Eight-Digit Liabilities as MakerDAO Keeps a Clean Sheet
May 20, 2021
BSC's Venus Protocol Left With Bad Debt After Liquidations

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…