Wasabi Protocol Suffers $4.5 Million Loss Due to Apparent Admin Key Breach
The DeFi sector continues to experience significant losses, with Wasabi Protocol being the latest casualty. On Thursday, the platform, which facilitates 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 part of a larger trend, with over $605 million lost in DeFi across at least…
April 30, 2026, 10:37 a.m.