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[Unleash Protocol Smart Contract Experiences Unauthorized Activity, User Assets Transferred] On December 30, the IPFi platform Unleash Protocol announced that its smart contract experienced unauthorized activity, resulting in the extraction and transfer of user assets. Preliminary investigations revealed that an external address gained management authority through Unleash's multi-signature governance mechanism and executed an unauthorized contract upgrade, leading to the transfer of assets such as WIP, USDC, WETH, stIP, and vIP to an external address. The related assets were transferred via third-party cross-chain infrastructure. Unleash stated that the incident stemmed from its own governance and permission framework, and the contracts and underlying infrastructure of Story Protocol were not affected. All protocol operations have currently been suspended.

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