On October 1, 2026, an attacker exploited a vulnerability in a third-party FlashLoopAdapter module linked to Aave v3 to drain about $305K-$310K from two Safe multisig wallets on Ethereum. The attacker forged Safe authentication to bypass access controls, repaid Aave debt to unlock collateral, and withdrew assets in a single transaction. Neither Aave v3 nor Safe's core systems were compromised; the flaw was in the module's weak validation of caller identity. This incident highlights risks in using third-party wallet modules with broad permissions and the importance of strict input validation for DeFi developers and users.
The Aave v3 exploit incident is presented here with Pluang's market data for context. For readers following cryptocurrency markets, breadth shows 23 of 50 major cryptocurrencies rose while 26 fell. Notable movers include FIL at Rp18.245 with a -2.88% change and 0% Sell / 100% Buy order activity, COMP at Rp430.345 with a -2.64% change and 24% Sell / 76% Buy order activity, and ALGO at Rp2.236 with a -2.23% change and 69% Sell / 31% Buy order activity. This data is as of Oct 02, 2026 10:31 WIB.
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