Blockchain security company Blockaid states that the cross-chain routing protocol Squid's SquidRouterModule on the Ethereum and Base networks is under ongoing attack, with losses of approximately $3 million. All stolen tokens have been exchanged for DAI through Uniswap V3 pools controlled by the attacker.

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tvl_down_bad
· 5h ago
The name Squid sounds pretty fierce, but it turns out to be a fragile shell.
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HotAirBalloonViewing
· 5h ago
Uniswap V3 pools have become money laundering channels, is it the DEX's fault?
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RetroRadioWaves
· 5h ago
3 million is considered a small amount in DeFi, but user confidence is a big deal.
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VinylRadio
· 5h ago
Has anyone hyped this project before? Come out and take a few steps.
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PositionLikeACat
· 5h ago
DAI has become hackers' favorite: the dark side of stablecoins
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GateUser-7e77b8d8
· 5h ago
The ongoing attack indicates it's not fixed yet; entering now is just feeding the enemy.
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On-ChainSoilAfterTheRain
· 5h ago
Ethereum and Base double kill, cross-chain risk factor directly doubles
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RetroRadio
· 5h ago
RouterModule, these core components can all be persistently attacked; there must be a problem with the architecture.
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