Unleash Protocol Suffers $3.9M Asset Theft Due to Unauthorized Upgrade
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 30 2025- Security Vulnerability Exposed: On December 30, 2025, Unleash Protocol suffered a security breach resulting in a $3.9 million asset loss, highlighting potential security risks in decentralized protocols that could undermine user trust and market stability.
- Operations Suspended: Following the incident, Unleash Protocol has suspended operations and is conducting a full investigation and audit, advising users against interacting with the protocol’s smart contracts to prevent further losses.
- Story Protocol Unaffected: Despite the attack on Unleash Protocol, its implementation chain, Story Protocol, remains operational and unaffected, demonstrating its relative security amidst the breach.
- Market Response Lags: Market participants are responding cautiously to the incident, with no official comments from government regulatory bodies or prominent figures, potentially indicating stricter future scrutiny on cryptocurrency security.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
