Decentralized Finance (DeFi) User Loses $27 Million to Phishing Attack on Venus Protocol

A recent phishing attack has shaken the DeFi community as a user of the Venus Protocol lost approximately $27 million in assets. According to blockchain security platform PeckShieldAlert, the attack occurred when the victim approved a malicious transaction that authorized an attacker to transfer tokens from their account. The attack was further facilitated by the victim unknowingly approving a fraudulent transaction through unofficial channels.