Hackers drain $3.9M from Unleash Protocol after multisig hijack

Hackers drain $3.9M from Unleash Protocol after multisig hijack

The decentralized intellectual property platform Unleash Protocol has lost around $3.9 million worth of cryptocurrency after someone executed an unauthorized contract upgrade that allowed asset withdrawals.

According to the team behind the blockchain project, the attacker obtained enough signing power to act as an administrator of Unleash’s multisig governance system.

Read more: bleepingcomputer.com