Unleash Protocol Faces $3.9M ETH Loss in Suspected Multisig Breach

Dec 31 2025 crypto


The Unleash Protocol hack led to a $3.9 million loss in Ethereum-based assets after a multisig governance breach on Story Protocol. An attacker exploited administrative controls to withdraw USDC, WETH, stIP, and vIP, then laundered funds through 34 transfers to Tornado Cash. The protocol paused operations and launched an investigation. Unleash Protocol hack: $3.9M stolen [...]

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