Wasabi Protocol Loses $4.5 Million Due to Compromised Admin Key
The decentralized finance sector continues to hemorrhage funds, with Wasabi Protocol being the latest victim. On Thursday, the platform, which offers perpetual trading on Ethereum and Base, was drained of approximately $4.55 million after its deployer key was compromised, according to security firm Blockaid. This incident marks the latest in a series of DeFi breaches, which have resulted in over …
April 30, 2026, 10:37 a.m.