Wasabi Protocol Suffers $4.5 Million Loss Due to Admin Key Breach
The decentralized finance sector continues to experience significant losses, with Wasabi Protocol being the latest victim. On Thursday, the platform, which offers perpetuals trading on Ethereum and Base, was drained of around $4.55 million after its deployer key was compromised, according to security firm Blockaid. This incident is the latest in a series of DeFi losses, which have totaled over $6…
April 30, 2026, 10:37 a.m.