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Wasabi Protocol drained for $4.5 million in apparent admin key compromise
CoinDesk
2 days ago
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The exploit used a similar playbook as Drift's $285 million breach earlier this month — a compromised deployer key with no timelock or multisig that resulted in a drain of funds.
DeFi can't stop bleeding, and Wasabi Protocol is the latest to find out why. Wasabi Protocol, a perpetuals trading platform built on Ethereum and Base, was drained of approximately $4.55 million on … [+3459 chars]
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