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Crypto News Summary May 26
Crypto news summary for May 26: Wasabi Protocol disclosed a $4.5M admin key breach, highlighting upgradeable contract and key management risks.
Wasabi Protocol Hit in $4.5M Admin Key Breach
Wasabi Protocol lost about $4.5M after an attacker seized its deployer admin key and upgraded vault contracts to malicious versions on April 30.
Crypto News Summary April 6
Bitcoin jumped above $69,000 on April 6, wiping out nearly $200M in shorts despite oil shock, Iran fears, tighter liquidity, and weak altcoin breadth.
Drift's $285M Exploit Reshapes DeFi Security
Drift's $285M exploit exposed a control-layer takeover, shifting DeFi security concerns from code bugs to signer, admin, and governance risks.
Steakhouse Financial Warns of Phishing Attack
Steakhouse Financial warned earlier today of a phishing attack on its website and app, urging users to avoid the platform as contracts remain safe.
Ethereum Foundation Pledges Funding for Privacy Tech to Keep DeFi Open and Permissionless
Ethereum Foundation will fund privacy-first tech in 2026 to keep DeFi open and permissionless, prioritizing security and open-source infrastructure on Ethereum
Uniswap Founder Hayden Adams Blasts Scam Crypto Ads After User Says They ‘Lost Everything’
Uniswap founder Hayden Adams slams Google scam crypto ads after a user lost a mid six‑figure portfolio via a fake Uniswap top search link, urging faster takedowns