Gnosis Pay Bug Drains User Funds Despite Built-In Security Delay

Victims will be reimbursed, but questions about the attack vector remain.

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Co-founder Martin Köppelmann said the company will make all users whole after attackers exploited the smart-contract module that governs Gnosis Pay card accounts. No loss figure has been disclosed.

Gnosis Pay faces an active exploit in its delay module as co‑founder Martin Köppelmann walks back a warning urging users to withdraw funds and vows to repay those affected.

The post Exploit Alert: Gnosis Under Active Attack, Users Urged to Withdraw Funds appeared on BitcoinEthereumNews.com. Users are being urged to withdraw their assets right away due to a serious security incident that has occurred within the Gnosis ecosystem. Concerns regarding the security of user funds were raised when blockchain security company PeckShieldAlert discovered an active exploit impacting Gnosis Pay. Martin Köppelmann, a co-founder of Gnosis, publicly urged users to remove all funds held through Gnosis Pay, amplifying the warning. The problem, according to Köppelmann, is caused by a flaw in the platform’s delay module, which is a feature intended to give transactions and account operations an extra degree of security. Ripple Releases 1 Billion XRP, How Many Are Left? Another Shiba Inu (SHIB) Recovery Attempt, Bitcoin (BTC) Reaches ‘Oversold’ State, First Near Protocol (NEAR) Support Activation: Crypto Market Review “Unfortunately, I must advise that all funds (EURe and GNO

The post Gnosis Pay exploit tied to Zodiac delay module as users exit appeared on BitcoinEthereumNews.com. Gnosis Pay users were urged to withdraw funds after an active exploit linked to the platform’s Zodiac delay module, according to posts from Gnosis co-founder Martin Köppelmann and blockchain security firm PeckShield. Summary Gnosis Pay users were told to withdraw EURe and GNO after a delay module exploit. Köppelmann said the bug lets an attacker initiate transactions from Safes using the module. Gnosis said it would cover user losses while asking bridge validators to pause activity. “If you are a Gnosis Pay user – unfortunately I have to recommend: withdraw all funds (EURe and GNO),” Martin Köppelmann said on X. He said the delay module has a bug and warned that users “might be affected.” The post told users to move both EURe and GNO from Gnosis Pay while the team worked on the issue. “Users are strongly urged to withdraw all funds (EURe and GNO),” PeckShield said in a separate al

Gnosis Pay users were urged to withdraw EURe and GNO after a Zodiac delay module bug let an attacker initiate Safe transactions.