Wasabi Protocol Suffers $4.5 Million Loss Due to Compromised Admin Key
The decentralized finance (DeFi) sector continues to experience significant losses, with Wasabi Protocol being the latest victim. On Thursday, the platform, which operates on Ethereum and Base, was drained of about $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, totaling over $605 million across at …
April 30, 2026, 10:37 a.m.