Token

Venus

<h2 id="span-style-font-size-19px-color-inherit-font-weight-bolder-venus-defi-native-token-xvs-falls-amid-crypto-market-sell-off-span-br">Venus DeFi Native Token XVS Falls Amid Crypto Market Sell Off </h2>
<a href="https://www.coingabbar.com/en/crypto-currency-news/defi-revolutionizing-finance-through-decentralization" class="f-link">DeFi</a> platform Venus faced a $270,000 borrowing glitch due to a Binance Oracle error, not an exploit as initially suggested. Venus vowed to replace the funds and clarified the incident's limited impact on an isolated pool.
The DeFi protocol's total value locked remains unaffected at $738 million, but its native token XVS dropped 17.5% amid a broader <a href="https://www.coingabbar.com/en/crypto-currency-news/coinbase-wallet-allows-fee-free-money-transactions" class="f-link">crypto</a> market sell-off.

Venus Promises Fund Replacement After Binance Oracle Incident

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