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DeFi’s weak spots: How a single key led to a $4. 5 million hack

May 1, 2026

A recent attack on Wasabi Protocol shows how quickly decentralized finance (DeFi) projects can lose millions when security measures are weak. On Thursday, hackers stole $4. 55 million by gaining control of a single admin key. This key, held in a wallet called wasabideployer. eth, gave them full cont

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