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Attacker mints 5.4T fake tokens on Stake DAO, draining liquidity on Arbitrum in ongoing exploit.

Market News
27 May 2026
Crypto Briefing
View Source
Bearish
pluang ai news

Stake DAO is facing an active exploit on the Arbitrum network after an attacker used a compromised deployer key to mint 5.4 trillion vsdCRV tokens, a wrapped governance token. These tokens are being swapped for ETH in real time, draining liquidity pools and causing potential losses for liquidity providers. The exploit stems from a key compromise rather than a smart contract bug, raising concerns about Stake DAO's security measures. Investors holding sdCRV, vsdCRV, or related liquidity should be cautious until the protocol confirms the exploit is contained and backing remains intact.

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