Wasabi Protocol suffered a private key leak attack, with losses exceeding $5 million.

Techub News reports, according to Crypto Briefing, that the DeFi leveraged trading platform Wasabi Protocol suffered an admin key leak attack on April 30. The hacker used the protocol deployer key to push a malicious contract upgrade, draining liquidity pools across Ethereum, Base, Berachain, and Blast multi-chain, resulting in losses exceeding $5 million.

Blockchain security company Blockaid warned that all Wasabi LP tokens should be considered worthless and recommended users immediately revoke authorization for the vault contracts. According to reports, the deployer key used by the attacker remains active, and the attack caused the protocol's total value locked to drop by 25% within hours.