Squid and Safe Labs say third-party module behind $3.2M exploit
60-second summary
Squid and Safe Labs report that a third-party module is behind a $3.2 million exploit, draining funds from Safe wallets. Squid attributes the incident to an external Safe module, stating its core systems were unaffected. The affected module is being investigated, with implications for Safe wallet security and user trust in the decentralized finance (DeFi) ecosystem.
A third-party module drained about $3 million from Safe wallets, with Squid attributing the incident to an external Safe module, saying its core systems were unaffected.