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Crypto hackers exploit third-party Aave tool to steal 114 ETH

A third-party lending adapter built on Aave was exploited to steal about 114 ETH, worth over $300,000, while the protocol itself remained unaffected. On Oct. 2, blockchain security firm SlowMist said the attacker compromised two Safe multisig wallets through a flaw in the FlashLoopAdapter used with Aave v3 positions.

Oluwapelumi AdejumoCryptoSlate · October 2, 2026 · 14h ago

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Key points

  • SlowMist said an attacker exploited a FlashLoopAdapter flaw to compromise two Safe multisig wallets, stealing about 114.09 ETH, worth over $300,000, on Oct. 2.
  • According to SlowMist, a fake Safe contract spoofed module authentication, letting the attacker supply arbitrary router calldata and drain weETH and Aave-linked collateral.
  • Aave founder Stani Kulechov said Aave v3's core contracts were unaffected, describing the exploited code as a third-party external adapter built on top of Aave.

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