Wasabi Protocol Suffers $4.5 Million Loss Due to Admin Key Breach
The DeFi sector continues to experience significant losses, with Wasabi Protocol being the latest victim. On Thursday, the protocol, which operates as a perpetuals trading platform on Ethereum and Base, was drained of approximately $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 exceeded …
April 30, 2026, 10:37 a.m.