FlashLoopAdapter Exploit Drains $305K From Aave Linked Safe Wallets

Aave V3 Unaffected After Third-Party Adapter Exploit Drains $305K

Aave founder Stani Kulechov said Aave v3 was unaffected after an attacker exploited a third-party adapter to drain about $305,000 from two Safe multisig wallets.

FlashLoopAdapter exploit drains $305K from Aave linked Safe wallets

A custom FlashLoopAdapter used to manage leveraged Aave v3 positions has been exploited on Ethereum, leaving two Safe wallets with losses estimated at $305,000 after an attacker bypassed the module’s access controls. Blockchain security firm SlowMist said the attacker exploited…

Aave founder says V3 unaffected after third-party adapter exploit drains $305K

Aave founder Stani Kulechov said Aave v3 was unaffected after an attacker exploited a third-party adapter to drain about $305,000 from two Safe multisig wallets.

Aave-Linked Module Bypassed Safe Wallet Security

An attacker exploited a vulnerability in a module connected to Aave V3, draining about $305,000 from two multisignature wallets. Continue reading at DailyCoin.

Aave-Linked Exploit Drains $305K in ETH From Safe Wallet

The post Aave-Linked Exploit Drains $305K in ETH From Safe Wallet appeared first on Coinpedia Fintech News A new Aave-related exploit has drained about 114 ETH worth $305,000 from two Safe wallets on Ethereum. The hacker exploited a third party adapter linked to Aave V3, bypassed a contract check, and unlocked the wallets’ collateral, leading to the loss. Meanwhile, Aave founder Stani Kulechov said the attack did not affect Aave V3’s core …