VUSD De-pegged Below $0.5 Amid $3.2M Ethereum Blockchain Attack, Market Turmoil Ensues

According to a recent report by COINOTAG on September 26, market trends indicate that VUSD has experienced significant devaluation, plummeting below $0.5—a reduction of over 50% within a single hour, with initial values recorded at $0.4995. Earlier alerts from Cyvers Alerts surveillance system revealed adverse activities on the Ethereum blockchain concerning Onyx, with the perceived financial impact nearing $3.2 million, predominantly affecting VUSD. The compromised funds are reportedly in possession of an attacker who currently holds 521 ETH, approximately valued at $1.36 million. The remaining digital assets are yet to be mobilized.