Third-Party Module Drains $3M From Safe Wallets

May 25, 2026 - 22:30
Third-Party Module Drains $3M From Safe Wallets
A suspected third-party Safe module exploit has drained about $3.2 million from wallets across Ethereum and Base, with multiple teams pointing to an external module as the cause. Blockchain security platform Blockaid reported the incident on Monday, saying it involved a contract labeled “SquidRouterModule,” which initially led to confusion over a possible link to the...

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