Venus: Measures have been taken to prevent the Balancer attack incident until system stability is confirmed.

According to Mars Finance, Venus Protocol posted on the X platform stating: “Reports have indicated that Balancer has suffered a hacker attack. As a precaution, Venus Protocol has set the loan-to-value (LTV) ratio of the BAL market on Ethereum to 0 and suspended all new borrowing with BAL as collateral until the system is confirmed to be stable again. The liquidation threshold remains at 59%, so existing positions are not affected. Users still need to closely monitor their positions and health factors, and consider repaying loans or adding collateral to ensure safety.”

BAL-0.87%
ETH-5.23%
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