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Venus wasn't hacked, but it suffered million-level bad debts!
The basic logic: The attacker accumulated a large amount of THE, collateralized THE at a high price on Venus to borrow Cake, then dumped both THE and CAKE, ultimately causing bad debts for Venus.
As for whether the attacker actually made money, I don't know—it's too difficult to calculate.
I'll wait for other professional experts to post detailed analysis!
As for my personal review, two points:
1/ A bit worried about lending and yield farming in a bear market;
2/ Didn't act in time, only picked up scraps.
Reminder: The above is merely information sharing and does not constitute investment advice. Please be sure to do your own research!
DeFi Enthusiast: BitHappy