The $7M SagaEVM Precompile Exploit: How a Cross-Chain Validation Bypass Minted Stablecoins From Thin Air
On January 21, 2026, an attacker drained $7 million from SagaEVM — a gasless EVM chainlet in the Saga ecosystem — by crafting transactions that tricked the protocol into minting uncollateralized stablecoins. The Saga Dollar (DUSD) depegged to $0.75, ...