The post Wasabi Protocol Exploited for $5M+ appeared first on Coinpedia Fintech News Wasabi Protocol has suffered a multi-chain exploit leading to losses of overThe post Wasabi Protocol Exploited for $5M+ appeared first on Coinpedia Fintech News Wasabi Protocol has suffered a multi-chain exploit leading to losses of over
Wasabi Protocol Exploited for $5M+
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
The post Wasabi Protocol Exploited for $5M+ appeared first on Coinpedia Fintech News
Wasabi Protocol has suffered a multi-chain exploit leading to losses of over $5 million across Ethereum, Base, Berachain, and Blast. Reports indicate the attacker used the deployer wallet to grant ADMIN_ROLE to a malicious helper contract, which then performed a UUPS upgrade of perp vaults and the LongPool. This upgrade replaced core logic with a harmful implementation that allowed funds to be drained across connected chains. The incident highlights risks in privileged access control and upgradeable smart contract designs in DeFi systems.
Market Opportunity
Perpetual Protocol Price(PERP)
$0,02535
$0,02535$0,02535
USD
Perpetual Protocol (PERP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
U.S.-Iran tensions escalate: XRP could surge 200% as analysts asses the risk of Bitcoin’s “King Status”
Rising U.S.-Iran tensions are increasing crypto market volatility, with XRP gaining attention and investors exploring diversified strategies and yield platforms
Share
Crypto.news2026/04/30 22:15
The $55 Oil Trade Is Still on the Table, but Brent’s Chart Has Conditions
The post The $55 Oil Trade Is Still on the Table, but Brent’s Chart Has Conditions appeared on BitcoinEthereumNews.com. The oil price surged on April 2 as Brent
Share
BitcoinEthereumNews2026/04/02 18:30
Trump signals he's still mad about German chancellor's 'humiliated' remark
President Donald Trump took another slap at Germany's leader over his criticism earlier this week of the U.S. war against Iran.German Chancellor Friedrich Merz
Share
Rawstory2026/04/30 22:25