Stake DAO Hit by 5.44T Token Exploit

Published by

Nidhi Kolhapur

May 27, 2026

Crypto Platform Bitrefill Hacked: 18,500 User Records Exposed in Cyberattack

Stake DAO was exploited on Arbitrum after an attacker reportedly obtained the protocol’s deployer private key and changed the LayerZero v2 peer configuration for vsdCRV. By setting an arbitrary peer, the attacker forged a malicious cross-chain message that triggered the unconditional minting of roughly 5.44 trillion vsdCRV tokens to their wallet. Blockchain security firm Blockaid said the attacker already swapped part of the tokens for around 43.78 ETH and bridged funds to Ethereum. Users have been urged to revoke approvals while the team investigates the breach.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.