Stake DAO Exploit Shows Why “Audited” Doesn’t Mean Safe In DeFi
The Stake DAO exploit on Wednesday compromised the protocol’s Arbitrum deployer key. An attacker minted roughly 5.4 trillion faux Vote-Boosted sdCRV (vsdCRV) tokens earlier than swapping them for ether by a public router. The breach bypassed each smart-contract management in place. A single personal key with privileged rights has pushed tons of of hundreds of…
