đš 6M DOLLAR MULTISIG BREACH SHAKES BASE DEFI AS 31M REMAINS AT RISK FOR $ETH â ïž
đ Governance vulnerabilities just exposed a dormant treasury contract on the Base chain, siphoning 1,783 wstETH valued at $6 million through a compromised multisig key. The attacker whitelisted a malicious lending contract after 25 days of multisig inactivity, liquidating the stolen tokens on Aave V3. đ Note that Aave core contracts and Base chain infrastructure remain completely uncompromised.
đĄ With over $31.7 million still sitting vulnerable in that unmanaged contract, off-chain risk management is proving to be as crucial as chart execution. đïž Weak access controls and social engineering will always be the fastest way smart money loses its edge. đ€ Are you double-checking contract authorizations on your active DeFi yield positions today? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #ETH #DeFi #Security #Crypto
đš â ïž
đ Governance vulnerabilities just exposed a dormant treasury contract on the Base chain, siphoning 1,783 wstETH valued at $6 million through a compromised multisig key. The attacker whitelisted a malicious lending contract after 25 days of multisig inactivity, liquidating the stolen tokens on Aave V3. đ Note that Aave core contracts and Base chain infrastructure remain completely uncompromised.
đĄ With over $31.7 million still sitting vulnerable in that unmanaged contract, off-chain risk management is proving to be as crucial as chart execution. đïž Weak access controls and social engineering will always be the fastest way smart money loses its edge. đ€ Are you double-checking contract authorizations on your active DeFi yield positions today? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #ETH #DeFi #Security #Crypto
đš â ïž