Stake DAO exploited via compromised key, attacker minted 5.4 trillion vsdCRV tokens on Arbitrum

Stake DAO suffered a major exploit when an attacker compromised its deployer private key, allowing the minting of over 5.4 trillion vsdCRV tokens on the Arbitrum network. The attacker swapped some of these tokens for ETH and bridged funds to Ethereum, causing significant security concerns. Stake DAO has warned users not to interact with the vsdCRV token while investigations continue. This incident highlights ongoing risks in DeFi, especially related to privileged key access and cross-chain vulnerabilities, following a series of similar exploits in the sector.