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SquidRouterModule is suspected of being attacked, with approximately $3 million in assets stolen from 86 Gnosis Safe wallets. - CoinFeed
Time 11:44

SquidRouterModule is suspected of being attacked, with approximately $3 million in assets stolen from 86 Gnosis Safe wallets.

May 25, 2026
CoinFeed News

CoinFeed reported on May 25th that, according to Blockaid monitoring, the SquidRouterModule on the Ethereum and Base networks is under continuous attack. Within approximately two hours of the attack, 86 Gnosis Safe wallets were emptied, resulting in a loss of approximately $3 million. The attackers then exchanged all the stolen tokens for DAI through a Uniswap V3 liquidity pool under their control and consolidated them into a single address. This consolidation wallet currently holds approximately $3.07 million worth of DAI.

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