How Lax Oversight Led to the Unleash Protocol Hack
Unauthorized contract upgrade allowed direct withdrawals from the protocol Funds were bridged to Ethereum and laundered through Tornado Cash Affected assets include WIP, USDC, WETH, stIP and vIP A governance failure at Unleash Protocol led to a major security breach that allowed an attacker to steal approximately $3.9 million of user funds. The incident was … Read more