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$305K lost in Ethereum Safe wallets via FlashLoopAdapter exploit bypassing access controls

Market News
02 Oct 2026
Crypto news
View Source
Bearish
$305K lost in Ethereum Safe wallets via FlashLoopAdapter exploit bypassing access controls

An attacker exploited a flaw in the FlashLoopAdapter, a third-party Safe module managing leveraged Aave v3 positions, to steal about $305,000 from two Ethereum Safe wallets. The attacker bypassed access controls by using a fake Safe contract, repaid Aave debt with a Morpho flash loan, and withdrew collateral, ultimately retaining around 114 ETH. Aave's core protocol was unaffected, as the vulnerability was in the external adapter's authentication logic. This incident highlights risks in third-party modules connected to DeFi protocols, emphasizing the need for stronger access controls.

Aave's token price on Pluang is Rp3.258.432, up 8.38% over the past day, showing resilience despite the recent exploit involving third-party Safe wallets. Trading activity leans towards buying with 60% of orders on Pluang, and the market cap stands at Rp50,2 trillion as of Oct 02, 2026 13:22 WIB.

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