🚨 SECURITY ALERT: Gnosis Pay Exploit & Smart Wallet Vulnerability 🚨 Even the most secure multi-sig smart wallets are vulnerable if their secondary modules fail. @gnosispay , the decentralized Visa debit card infrastructure built on top of Safe wallets, has faced an intense security breach. Here is how the modular exploit unfolded: 1️⃣ The Target: The attacker targeted the Zodiac Delay Module, a shared routing layer designed to act as a secure time-lock queue for outgoing transactions. 2️⃣ The Infiltration: Leveraging a critical logic flaw, the exploiter bypassed standard verification steps and forced unauthorized withdrawal transactions directly into the queues of thousands of users simultaneously. 3️⃣ The Freeze: Panic calls for immediate manual asset withdrawals quickly failed as automated emergency protocol circuit-breakers kicked in, locking down the network and blocking user exits. The Silver Lining: The Gnosis core team has successfully contained the vulnerability and officially pledged a 100% treasury refund to make every affected user completely whole. #Web3Security #DeFi #SmartWallet #GnosisPay #SafeWallet #ShieldGuardLearn #SHPRO 👇 Please check the comments to read the full Scam Alert & Learn how to protect yourself.