🚨 A third-party Aave adapter was exploited, draining ~114 ETH from compromised Safe multisig wallets. Aave v3 core remains secure; the flaw lay in the FlashLoopAdapter integration. This highlights risks in peripheral DeFi tools, even when base protocols are sound. Traders should audit third-party contracts before interacting with yield strategies.
How deep does the DeFi supply chain risk go?
#DeFiSecurity

$ETH #TradingSignal #CryptoAnalysis