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Wasabi Protocol loses $4.5 million due to compromised admin key
The DeFi sector continues to experience significant losses, with Wasabi Protocol being the latest victim. On Thursday, the platform, 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 most recent in a string of DeFi losses, which have surp…
April 30, 2026, 10:37 a.m.
Tech
Wasabi Protocol Loses $4.5 Million in Apparent 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 perpetual 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 follows a string of breaches this month, including the $285 million D…
April 30, 2026, 10:37 a.m.
Tech
Wasabi Protocol Loses $4.5 Million Due to Apparent Admin Key Compromise
The DeFi sector continues to experience significant losses, with Wasabi Protocol being the latest to fall victim to a major exploit. On Thursday, the protocol, which is a perpetuals trading platform built 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 loss…
April 30, 2026, 10:37 a.m.
Tech
Wasabi Protocol Suffers $4.5 Million Loss Due to Apparent Admin Key Breach
The DeFi sector continues to hemorrhage funds, with Wasabi Protocol being the latest casualty. 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 that have exceeded $605 million …
April 30, 2026, 10:37 a.m.
Tech
Wasabi Protocol Loses $4.5 Million in Apparent Admin Key Breach
The decentralized finance sector continues to grapple with significant losses, with Wasabi Protocol being the latest victim, having lost approximately $4.55 million on Thursday following a breach of its deployer key, as reported by security firm Blockaid. This incident marks the latest in a string of exploits that have resulted in over $605 million in losses across more than 12 incidents within …
April 30, 2026, 10:37 a.m.
Tech
Wasabi Protocol Loses $4.5 Million in Apparent Admin Key Breach
The DeFi sector continues to suffer losses, with Wasabi Protocol being the latest victim. On Thursday, the platform, which is a perpetuals trading platform built on Ethereum and Base, lost approximately $4.55 million after its deployer key was compromised, according to security firm Blockaid. This incident is the latest in a string of breaches that have resulted in over $605 million in losses acr…
April 30, 2026, 10:37 a.m.
Tech
Wasabi Protocol Loses $4.5 Million Due to Admin Key Breach
The DeFi sector continues to suffer significant losses, with Wasabi Protocol being the latest victim, losing approximately $4.55 million on Thursday after its deployer key was compromised, according to security firm Blockaid. This breach bears a striking resemblance to the $285 million Drift Protocol exploit earlier this month, where attackers utilized a compromised admin key to drain funds from …
April 30, 2026, 10:37 a.m.
Tech
Wasabi Protocol Loses $4.5 Million in Apparent Admin Key Breach
The DeFi sector continues to experience significant financial losses, with Wasabi Protocol being the latest victim. On Thursday, the protocol, which is a perpetuals trading platform operating on Ethereum and Base, was drained of about $4.55 million after attackers gained unauthorized access to its deployer key, according to security firm Blockaid. This incident is the latest in a series of DeFi l…
April 30, 2026, 10:37 a.m.
Tech
Wasabi Protocol Loses $4.5 Million Due to Admin Key Breach
The DeFi space continues to experience significant losses, with Wasabi Protocol being the latest victim, losing approximately $4.55 million on Thursday due to a compromised deployer key. According to security firm Blockaid, the attack was carried out using an externally owned account called wasabideployer.eth, which had sole admin privileges. The attackers upgraded the perp vaults and Long Pool t…
April 30, 2026, 10:37 a.m.
Tech
Mythos Forces Crypto Industry to Rethink Security Practices
The crypto industry is being forced to rethink its security practices due to the emergence of Mythos, a new AI model. Meanwhile, Aave is at the center of a broad recovery effort following losses tied to the Kelp DAO exploit, with the effort informally dubbed 'DeFi United' having raised about $301 million in commitments. Additionally, the CEO of Alchemy has stated that crypto was built for AI agen…
April 29, 2026, 3:57 p.m.