$6M Vanishes From Crypto Vault Controlled by 7 Mystery Signers
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10 Articles
According to a report cited by ChainCatcher, a treasury vault in Base lost about $6 million after a malicious contract entered the whitelist of loans via a Safe multisig. The report also warned that another $31.7 million in assets remained at risk, although it noted that Aave V3 and the Base network were not affected.
A suspected security breach has emerged on the Base network, resulting in the theft of approximately $6 million worth of crypto assets. Initial findings indicate that a total of 1,783,067 aBaswstETH was withdrawn from an as-yet-unnamed vault in six separate withdrawal transactions. According to preliminary assessments by security researchers, the attack utilized the lending mechanism of a recently whitelisted smart contract vault. The aTokens we…
Bitcoin.com
$6M Vanishes From Crypto Vault Controlled by 7 Mystery Signers
A $6 million crypto vault was drained on Base on Oct. 4, yet the strangest part may be who owned it. Nobody publicly knows. Security firms traced about 1,783 wstETH out of the vault, while onchain records point to an anonymous seven-signer Safe. Base itself wasn’t hacked, Aave’s core contracts haven’t been blamed, and the […]
Base DeFi Vault Exploit Drains $6M After Attacker Gains Whitelist Access
TLDR: A Base DeFi vault lost over $6M after an attacker added a new contract to its whitelist and drained assets. Blockaid first estimated $2.02M in losses before raising the total above $6M as the exploit continued. Spot On Chain and PeckShield both traced about 1,783 wstETH to attacker address 0x0B5126…B034 on Base. No evidence [...]
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