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Hack history / 2026 / Hack or exploit

SafeApprovalSquat

Hack or exploit on Oct 26, 2026 · Misconfiguration

ATTACK TX CONFIRMED ON CHAININ REVIEWSOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$7.5M
dollars at the time
Returned
none listed
as the sources state it
Rank
#375
among thefts by dollars lost

What happened

A 2-of-7 Safe multisig on Avalanche holding trading inventory had granted unlimited approvals to an address that anyone could deploy code to due to a misconfiguration. An attacker’s attempt was front-run by an MEV bot, which took approximately $7.45M in assets. The bot claims to be a whitehat and is negotiating the return of funds for a 5–10% bounty.

In review: attack tx contradicts the date.

Details

Date
Oct 26, 2026
Kind
Hack or exploit
Method
Misconfiguration
How in
Keys, accounts and infrastructure
Target
not stated
Chains
Avalanche

Reported by

Cite this pageSwanBluechip, "SafeApprovalSquat hack, Oct 26, 2026: $7.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htd42cada95e/ (data as of 2026-10-31).
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