Key Insights:
The latest crypto hack news follows an attacker’s exploit on the Unleash Protocol, where they withdrew roughly $3.9 million.
This exploit affected only Unleash Protocol’s smart contracts and did not impact the app’s parent blockchain, Story Protocol.
Early investigations indicated an external address gained administrative control through the protocol’s multisignature governance system.
The latest crypto hack news follows an attacker’s exploit on the Unleash Protocol. Hackers withdrew roughly $3.9 million and routed the funds to Tornado Cash. Perkshield posted an update about the attack, noting that the exploiter first bridged the stolen funds to Ethereum before withdrawing them.
Crypto Hack News: Hacker Drains $3.9M from Unleash Protocol
Unleash Protocol, which serves as an onchain marketplace application, suffered a smart contract exploit. Here, the attacker executed a series of illegal withdrawals. An update by the protocol on X estimated the in
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