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Crypto DeFi

Safe Multisig Wallet on Ethereum Exploited for $7.73M in rsETH

An unidentified user’s Safe multisig wallet on Ethereum was attacked, resulting in roughly $7.73 million in rsETH losses. The attacker used a public keeper multicall to introduce a custom Uni V4 LP Safe module into a hook-enabled pool they created; the hook then unwrapped aEthrsETH into rsETH, with Yoink MEV extracting the funds within the same block. Two transactions confirmed the loss.

Original source

AI take

This underscores that multisig security is only as strong as the modules a signer can be induced to authorize, not the threshold itself. The attack required no key compromise, which shifts the risk narrative for DAOs, funds and RWA treasuries relying on Safe with keeper automation. Whether module whitelisting and hook-enabled pool interactions become a standard audit focus is the open question.

Generated by AI for reference only.

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