The attack used a donation mechanism to bypass Venus's supply cap, a similar mechanism to the infamous Mango Markets exploit in 2022.
Venus Protocol left with roughly $2M in bad debt after exploit manipulates Thena's THE token price
AI IMPORTANCE: 7/10
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AI INSIGHT
Unknown attacker leaves Venus Protocol with roughly $2 million in bad debt after exploiting a donation mechanism to bypass Venus's supply cap and manipulating Thena's THE token price today; mechanism mirrors Mango Markets 2022 exploit.
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