Wasabi
Coverage of Wasabi in the Nexus archive.
- WASABI CHEESE
Wasabi is expected to experience significant growth with a predicted 50x increase, driven by strong team building and upcoming big news. This growth is anticipated to occur over the next couple of weeks. The prediction suggests a substantial surge in value.
- This April We Saw $805 Million Lost in DeFi Hacks
In April, $805 million was lost through DeFi hacks targeting platforms like Kelp Dao, Drift Protocol, and Grinex. Attacks involved methods such as social engineering and domain hijacking, with North Korea-backed Lazarus Group suspected as the primary threat actor.
- Recent DeFi Exploits Highlight Ongoing Security Risks (~$800M Reported)
Recent DeFi exploits have resulted in over $800M in reported losses, with multiple protocols including Kelp DAO, Drift, and Wasabi affected. Key vulnerabilities highlighted include compromised deployer keys and smart contract flaws, underscoring ongoing security challenges in the DeFi ecosystem.