Safe Hack

Safe Wallet (formerly Gnosis Safe) on Ethereum was exploited due to an approval-related issue, resulting in a loss of 283,828 $USD from the user's wallet in various tokens.

Between August 12 and August 13, 2023, Safe Wallet, a DeFi wallet on the Ethereum chain, was exploited by three attackers in three separate transactions. The attackers discovered an approval-related flaw that allowed them to steal various tokens including WBTC, PEPE, USDT, WETH, and CRV. The issue appears to be approval-related and the attack vector was the same across the three hacks, but the implementation differed.

The total loss from these exploits amounts to approximately 283,828 $USD.

Attackers:

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Malicious Transactions:

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Malicious Contract Addresses:

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