Squid | Crypto

"Squid" in Crypto feed

  • Squid and Safe Labs say third-party module behind $3.2M exploit
    Cointelegraph.com - 15:26 May 25, 2026
    Squid and Safe Labs say third-party module behind $3.2M exploitA third-party module drained about $3 million from Safe wallets, with Squid attributing the incident to an external Safe module, saying its core systems were unaffected. A suspected third-party Safe module exploit has drained about $3.2 million from wallets across Ethereum and Base, with multiple teams pointing to an external module as the cause. Blockchain security platform Blockaid reported the incident on Monday, saying it involved a contract labeled “SquidRouterModule,” which initially led to confusion over a possible link to the cross-chain protocol Squid. Squid later said on X that the issue was unrelated to its core protocol and instead involved a third-party module integrated into Safe wallets. Read more