Huo Xing Finance reports, according to Blockaid monitoring, the SquidRouterModule on Ethereum and Base networks is undergoing a sustained attack. Within approximately two hours of the attack, 86 Gnosis Safe wallets have been drained, resulting in losses of approximately $3 million. The attacker subsequently exchanged all stolen tokens through their controlled Uniswap V3 liquidity pool for DAI and consolidated them into a single address, which currently holds approximately $3.07 million in DAI.
SquidRouterModule Under Attack; 86 Gnosis Safe Wallets Lose $3M in 2 Hours
MarsBitShare
Summary
On-chain news reveals a major exploit targeting the SquidRouterModule on the Ethereum and Base networks. Over two hours, 86 Gnosis Safe wallets were drained, resulting in $3 million in losses. Attackers used a Uniswap V3 liquidity pool to convert the stolen tokens into DAI, which were then consolidated into a single address holding $3.07 million in DAI.
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