wasabiprotocol

🔥 WASABI PROTOCOL SECURITY BREACH EXPOSES $4.8M LOSS $WASABIWasabi Protocol disclosed that attackers exploited an unprotected Spring Boot Actuator on its AWS analytics server, compromising the private key of an EVM smart contract. Approximately $4.8 million in user funds and $0.9 million from the protocol treasury were stolen, affecting deployments on $ETH and $BASE.The incident underscores the critical need for robust cloud‑service security in asset‑handling protocols. Wasabi confirms Solana deployments remain safe and is formulating a reimbursement plan for affected users. Institutional participants should watch remediation progress and potential effects on $WASABI liquidity on top-tier exchanges.

Not financial advice. Manage your risk.

#CryptoNews #DeFi #Security #WasabiProtocol 🚀

​​LARGEST CRYPTO HACKS IN APRIL

April saw major crypto exploits totaling about $651M in losses, including ~$3.5M from phishing. It marks the worst month since March 2022 (excluding the Bybit hack in February 2025).

#KelpDAO #Drift #RheaFinance #Grinex #WasabiProtocol #Volo #Sweat #Hyperbridge #Purrlend #Giddy