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Hack history / 2026 / Hack or exploit

New Market Trading

Hack or exploit on May 25, 2026 · Improper Access Control

SOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$4M
dollars at the time
Returned
none listed
as the sources state it
Rank
#522
among thefts by dollars lost

What happened

On May 25, 2026, New Market Trading's SquidRouterModule was exploited across 88 user Gnosis Safes on Ethereum, Base, and Arbitrum. The module validated permissions against caller-supplied delegate addresses instead of msg.sender, allowing attackers to route assets through attacker-controlled pools, stealing ~$3.98M.

Details

Date
May 25, 2026
Kind
Hack or exploit
Method
Improper Access Control
How in
Smart contract bug
Target
Other
Chains
Ethereum, Base, Arbitrum

Reported by

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Cite this pageSwanBluechip, "New Market Trading hack, May 25, 2026: $4M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htacd56b82e4/ (data as of 2026-11-01).
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