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.
Cronos Network has paused operations after an exploit hit Tectonic, its lending protocol, with on-chain…
XRP is trading near $1.42 after pulling back from its recent $1.69 high, but its…
Michael Saylor’s Strategy, the rebranded MicroStrategy, has hinted that it could be back to buying…
Bitcoin is trading at $78,796.58, Ethereum at $2,478.28 and XRP at $1.40 as traders brace…
Russia’s largest bank, Sberbank, is preparing to expand crypto-backed lending beyond Bitcoin, planning to accept…
A British Bitcoin investor has recovered 61 BTC that he lost access to after the…
