Odaily Planet Daily reports that, according to Blockaid monitoring, a sustained attack has been detected on the SquidRouter module on Ethereum and Base chains. Within approximately two hours, 86 Gnosis Safe wallets were compromised, losing assets worth around $3 million, with all stolen tokens exchanged for DAI through Uniswap V3 pools controlled by the attacker.
86 Gnosis Safe wallets hacked via SquidRouterModule attack, $3 million stolen
KuCoinFlashShare
Summary
Ethereum news: 86 Gnosis Safe wallets were compromised through an attack on the SquidRouterModule, resulting in $3 million stolen within two hours. The attacker drained funds via a Uniswap V3 pool, converting all tokens to DAI. The incident affected both the Ethereum and Base chains. On-chain data shows the attacker moved funds rapidly, underscoring persistent security risks in DeFi protocols.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.