Base Chain Vault Contract Hacked, $6 Million Lost

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On-chain data shows that a Base chain vault contract was compromised on October 5, 2026, resulting in the theft of $6 million. The attackers exploited a Safe multisignature wallet to add a malicious contract to the lending whitelist, draining 1,783 aBaswstETH. On-chain analysis indicates the stolen funds were redeemed for 1,783 wstETH on Aave V3. The breach resulted from weak multisignature governance and inadequate access controls, as the team had not initiated any Safe transactions in the past 25 days—suggesting possible social engineering or internal collusion. Aave and the Base chain remain unaffected. Approximately $31.7 million in the vault is still at risk.

HuoXing Finance reports that on October 5, the GoPlus security team disclosed that a treasury contract on the Base chain, not publicly claimed by the project team, was compromised. The attacker added a malicious contract to the lending whitelist via a Safe multisig and withdrew 1,783 aBaswstETH, redeeming approximately 1,783 wstETH on Aave V3, resulting in losses of around $6 million. The attack stemmed from failures in multisig governance and access control; the project team had not executed any Safe transactions on the treasury contract for 25 days prior to the incident, suggesting possible social engineering or insider collusion. Aave’s core contracts and the Base chain itself were unaffected. As of publication, approximately $31.7 million in assets remain at risk within the compromised treasury.

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