SlowMist Cosmos Update on Venus Hack: Frontend Phishing Risk, XMR-Converted Gas and Potential Loss Under $20M

SlowMist Cosmos posted on X that the Venus Protocol core appears intact, although the firm does not rule out a frontend compromise that could enable phishing against large holders; the update frames the matter as operational rather than a protocol-level exploit.

The report highlights active inquiries into targeted poisoning attacks on major holders’ endpoints and describes the threat actor as well-prepared, with on-chain tracing indicating a complex funds trail and gas conversions reportedly originating from XMR.

SlowMist says it is coordinating with affected stakeholders and third-party forensics, with many details withheld pending verification, and preliminary assessments indicate the net loss may be less than $20 million.