Ethereum Wallet Exploit Drains $7.8 Million in rsETH Tokens, Security Firms Warn
A Gnosis Safe wallet on Ethereum lost around 2,900 rsETH tokens worth approximately $7.8 million (roughly Rs.
74.7 crore) after an attacker exploited a faulty authorisation mechanism in a helper contract.
Security firms said the issue was linked to a component trusted by the wallet rather than Safe’s core contracts.
A trading bot known as Yoink later front-ran the exploit and captured most of the stolen tokens.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.gadgets360.com — the content belongs to Gadgets360 (NDTV).
