Data: BNB Bridge attacker has been liquidated 1.1 million vBNB

2023-08-18 10:17:08

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ChainCatcher news, according to the monitoring data from Pie Shield, the BNB Bridge attacker has been liquidated of 1.1 million vBNB, and the BNBChain cross-chain bridge (0x489a) has deposited 920,000 BNB (approximately $256 million) into the Venus Protocol.

Previously, ChainCatcher reported on June 7 that after the Binance Bridge attack incident, Venus passed the VIP-79 proposal for a whitelist liquidation system in November 2022, which involved collaborating with Binance and other BNB chain ecosystem participants to take over the position when it reached the liquidation threshold and jointly repay the debt. The BNB Chain core team is the sole liquidator for this position to securely control this massive supply of BNB and avoid a cascading liquidation from occurring directly.

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BNB Bridge vBNB liquidation

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