Svmuu, Wasabi Protocol has issued an update on the security incident, stating that the attacker exploited a Spring Boot Actuator configuration vulnerability in its AWS infrastructure to steal the private keys controlling EVM smart contracts, and subsequently drained approximately $4.8 million in user funds and $900,000 from the protocol's treasury from the related contracts.
The attack chain began with a public server used for analysis, where the Actuator heap dump was not properly password-protected, allowing the attacker to obtain credentials for another server and ultimately gain control over the smart contract private keys. This incident only affected EVM deployments, including certain vaults on Ethereum, Base, Blast, and Berachain. Solana deployments and Prop AMM were not affected.
Wasabi Protocol stated that no final decision has yet been made regarding user compensation, but "making all affected users whole" remains the team's top priority. Future investigation updates will be published in the Discord community.
Wasabi Protocol Updates Progress on Security Incident: Final User Compensation Plan Yet to Be Reached
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
What is FLOW? An Analysis of the Flow Blockchain Ecosystem and Its Current Status
-
2
LS Cable subsidiary Gaon Cable secures W120b ($90m) US AI data center cable deal
-
3
Report: Hedge Funds Exit Bitcoin ETF Arbitrage Trades, Sovereign Wealth Funds and Retail Investors Step In
-
4
Global Business Forum Urges Business Leaders to Embrace AI and Rethink Strategies
-
5
Unlimit founder backs Phase blockchain with $45M as mainnet launches
-
6
Iran's Islamic Revolutionary Guard Corps claims to have shot down a US-made MQ-1 drone near the Strait of Hormuz.
-
7
zkLink Nova Bridge Exploited, Approximately $779,000 Stolen in a Single Transaction
-
8
Google and Microsoft's Q3 capital expenditure falls short of estimates, raising concerns about AI build-out costs and delays
-
9
Google-backed Proxima Fusion partners with Japan's Fujikura to build fusion reactor component facility in Germany
-
10
onXRP Team to Launch New Trading Method on XRP Ledger Next Week
Markets Today
Recommended Reading



