The secure platform Blockaid detected a sustained attack targeting the SquidRouterModule on the Ethereum and Base chains. Within approximately two hours, the attacker stole assets from 86 Gnosis Safe wallets, resulting in total losses of around $3 million. All stolen tokens were exchanged for DAI through a Uniswap V3 liquidity pool created by the attacker and consolidated into a single wallet (currently holding approximately 3.07 million DAI).
SquidRouter Attack Steals $3M from 86 Gnosis Safe Wallets
TechFlowShare
Summary
Blockaid uncovered a security breach targeting the SquidRouterModule on the Ethereum and Base networks. Attackers drained $3 million from 86 Gnosis Safe wallets within approximately two hours. The stolen tokens were exchanged for DAI via an attacker-controlled Uniswap V3 pool and transferred to a single wallet containing 3.07 million DAI.
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