Crypto protocols took a brutal hit, losing over $35 million in hours—thanks to compromised admin keys, not complex hacks. Systems like Verus and B² Network fell victim to backend exploits, letting attackers rewrite rules or drain funds directly. Repeat vulnerabilities, like Verus’s past breach, erode trust, while B²’s $3.86M loss underscores how critical secure admin controls are. With detection tools advancing, the stakes are higher: once backend access is stolen, there’s no undo button—and that’s a massive threat to crypto’s foundation.
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