Aave-Linked Exploit Drains $305K in ETH From Safe Wallet

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Aave-Linked Exploit Drains $305K in ETH From Safe Wallet

The post Aave-Linked Exploit Drains $305K in ETH From Safe Wallet appeared first on Coinpedia Fintech News

A new Aave-related exploit has drained about 114 ETH worth $305,000 from two Safe wallets on Ethereum. The hacker exploited a third party adapter linked to Aave V3, bypassed a contract check, and unlocked the wallets’ collateral, leading to the loss. Meanwhile, Aave founder Stani Kulechov said the attack did not affect Aave V3’s core …