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Attackers exploited StakeDAO via compromised key to mint trillions of tokens, raising DeFi security concerns.

Market News
27 May 2026
AMBCrypto
View Source
Bearish
pluang ai news

Blockchain security firm Blockaid revealed that attackers exploited StakeDAO on Arbitrum by compromising the protocol's deployer private key. This allowed them to forge cross-chain mint messages and create over 5.4 trillion vsdCRV tokens. The exploit stemmed from a compromised deployer wallet, not a flaw in the token contract, highlighting risks in admin-key security and trusted infrastructure. The attacker quickly swapped minted tokens for ETH worth about $91,000. This incident has intensified discussions on DeFi security, focusing on operational risks rather than smart contract code flaws.

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