Unleash Protocol Privilege compromise: $3.90M Reported Loss
The Unleash Protocol project deployed on Story Protocol suffered an unauthorized contract upgrade, followed by the malicious transfer of user assets.
- Reported loss
- $ 3,900,000
- Attack category
- Privilege compromise
Incident Overview
The attacker manipulated the project’s multisig governance privileges to perform the upgrade, resulting in the theft and cross-chain transfer of assets including WIP, USDC, WETH, stIP, and vIP to external addresses. The currently confirmed loss is approximately USD 3.9 million. Unleash has suspended all operations and initiated a full investigation and audit process, urging users to refrain from interacting with its contracts. Story Protocol itself remains unaffected.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.