16-09-2026 00:00 via dailycryptonews.com

Crypto Wallet Hack Drains $7.8 Million Through a Simple Authorization Flaw

A crypto wallet hack on Ethereum turned a routine automation setup into a $7.8 million loss, exposing how a trusted helper contract can become the weakest link.The attacker took roughly 2,900 rsETH from a Gnosis Safe wallet on Tuesday, according to security firms BlockSec, Blockaid and SlowMist. The theft did not come from a failure in Safe’s core contracts, but from another contract the wallet owner had authorized to move funds.The setup itself was unremarkable. Wallets can delegate certa
Read more »