Defi Protocol Credix suffered USD 4.5 million loss
Defi Protocol Credix suffered USD 4.5 million losses due to Administrator access August 4, 2025 $4.5 million from Credix, a credit protocol built on Sonic blockchain. This attack revealed constant problems with controlling access to the system in crypto projects. Hackers gained control of Credix by accessing the administrator's multi-signed wallet system rather than using a code error or smart contract vulnerability. This type of attack was the most serious threat to crypto projects in 2025.
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