Wasabi Loses $5M+ in Latest DeFi Exploit
On-chain perpetual futures protocol Wasabi has been hacked with attackers draining over $5 million across Ethereum, Base, Berachain, and Blast, blockchain security firm PeckShield reported on X earlier today, April 30.
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HomeNewsHacksWasabi Loses $5M+ in Latest DeFi ExploitWasabi Protocol is the latest victim in what appears to be a record bad month for DeFi hacks.By: DefAInt and Olivia Capozzalo • HacksOn-chain perpetual futures protocol Wasabi has been hacked with attackers draining over $5 million across Ethereum, Base, Berachain, and Blast, blockchain security firm PeckShield reported on X earlier today, April 30. Wasabi acknowledged the incident on X, urging users to avoid using the protocol while investigations are under way: "We're aware of an issue and are actively investigating.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Defiant — DeFi News.