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Home›Crypto›Market Structure›Aave v3 unaffected after $305,000 Safe adapter exploit…

Aave v3 unaffected after $305,000 Safe adapter exploit, says founder

The attack drained about $305,000 from two Safe multisig wallets via a third-party adapter built on top of the Aave lending protocol.

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, according to Cointelegraph. Kulechov said the activity involved an external adapter, not the Aave v3 contract, and that it had zero effect on Aave v3.

Cointelegraph reports that blockchain security firm SlowMist said the attack targeted a module used to open and close leveraged Aave v3 positions through Safe wallets. SlowMist also said the attacker exploited an access-control flaw that allowed a fake Safe contract.

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