Dossier
Wasabi Protocol
Coverage of Wasabi Protocol in the Nexus archive.
- Wasabi Protocol hit by more than $5 million exploit across multiple chains, security firms say
Wasabi Protocol suffered a $5 million exploit across multiple blockchain networks, with security firms Blockaid and CertiK reporting that a compromised admin key was used to upgrade contracts and drain funds.
- Wasabi Protocol drained of $4.5 million in apparent admin key compromise
Wasabi Protocol, a privacy-focused cryptocurrency wallet, suffered a $4.5 million theft due to an apparent admin key compromise. The incident highlights vulnerabilities in decentralized finance (DeFi) platforms and has raised concerns about security practices in the blockchain industry.