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Hack history / 2026 / Hack or exploit

FlashLoopAdapter

Hack or exploit on Oct 1, 2026 · Improper Access Control

SOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$305K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,308
among thefts by dollars lost

What happened

FlashLoopAdapter’s open()/close() authorization trusted any caller whose isModuleEnabled() response returned true, allowing an attacker-controlled fake Safe to pass the check. The attacker then supplied each real victim Safe as swapRouter and encoded execTransactionFromModule(...) as arbitrary swapCalldata. Because FlashLoopAdapter was already an enabled module on those Safes, they accepted the calls and transferred or withdrew collateral to the attacker

Details

Date
Oct 1, 2026
Kind
Hack or exploit
Method
Improper Access Control
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "FlashLoopAdapter hack, Oct 1, 2026: $305K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht02fa7e5be6/ (data as of 2026-10-31).
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