Squid Distances Itself From $3.2 Million Hack of Lookalike Third-Party Contract
BeInCrypto
Cross-chain router Squid clarified that a recent $3.2 million hack involved a third-party module and not their own protocol.Summary
The cross-chain router protocol Squid has formally distanced itself from a $3.2 million exploit targeting a contract named "SquidRouterModule." Security firms including Blockaid and PeckShield reported that the exploit drained funds from 86 Gnosis Safe accounts. Squid clarified that while the contract used their name, it was a third-party smart-wallet module that they did not develop or deploy. The team confirmed that their actual router contract remains secure and unaffected by the breach.
(Source：BeInCrypto)