Geo News
Community curated by people like you
LatestAICryptoHealthWorld AffairsUS Politics

Multisig wallets stories

Oct 2, 2026

FlashLoopAdapter exploit drains $305K from Aave-linked Safe wallets on Ethereum

An attacker exploited a custom FlashLoopAdapter module used for managing leveraged Aave v3 positions, draining approximately $305,000 from two Safe multisig wallets on Ethereum on October 1, 2026. The exploit bypassed access controls in the third-party module, though Aave v3 protocol itself remained unaffected.

Oct 2, 2026·6 sources
00

Top claims

  • ▪The FlashLoopAdapter contract is a custom third-party Safe module designed to open and close leveraged looping positions through the Aave v3 protocol.
  • ▪DeFi users bear primary responsibility for the security of third-party wallet integrations
  • ▪Similar Safe module exploits occurred in May 2026, including a $3 million exploit of the SquidRouterModule and an incident involving Gnosis Pay's Zodiac delay module.

Subtopics

DeFi1DeFi lending1DeFi security1Ethereum1Smart contract exploits1

Related timelines

AI Data Center Gold Rush

106 stories

Congress

108 stories

Russia-Ukraine war

136 stories

US midterm elections

100 stories

Iran War

209 stories