Odaily Planet Daily reports that Squid stated on its X platform that the incident is unrelated to Squid's core protocols and contracts, and all Squid users and integrators were unaffected and require no action. Today, a third-party Gnosis Safe module on the Base and Ethereum networks was attacked, resulting in a loss of approximately $3.2 million. The vulnerable contract, verified on Basescan as "SquidRouterModule," was not built, deployed, or operated by Squid. Instead, it is a third-party smart wallet product that integrates with Squid and other protocols and has no affiliation with Squid. The attack mechanism involves the third-party module accepting a constant string provided by the caller as a message security proof. This string is publicly visible in the verified contract code. After inputting it, the attacker can execute arbitrary calldata arrays and steal funds at will. The victim's Safe wallet added the vulnerable contract as a trusted Safe Module, allowing the contract to control any token within Safe without signature. Squid's proprietary routing contracts (0xce16...D666) have a different architecture and were unaffected. Squid user funds, authorizations, and integrations are completely secure. Early public reports may have been due to the contract verification name on Basescan mentioning "SquidRouter," but the accurate statement should be: the third-party SquidRouterModule was attacked, not Squid's Router contract. This contract has the same name as Squid, but it is not Squid code. Squid is continuously monitoring the situation and will update information if there are any significant changes.

According to Arkham's monitoring, an address purchased 2,000 ETH at $0.31 during the Ethereum pre-sale and held them for over 10 years before transferring them just 5 minutes ago. As of today, the value of this holding has increased from $620 to $4.2 million, a return of approximately 6,800 times.

In the past hour, total liquidations across the network reached $10.05 million, with $6.82 million from long positions, with $3.23 million from short positions. BTC liquidation $240,571.8, ETH liquidation $285,316.43.

Odaily Planet Daily reports that Trump stated negotiations with Iran are progressing well. During discussions on Saturday with leaders of Saudi Arabia, the UAE, Qatar, Pakistan, Turkey, Egypt, Jordan, and Bahrain, he indicated that these countries should be compelled to simultaneously sign the Abraham Accords, based on U.S. efforts to coordinate. Trump instructed his representatives to begin and include these countries in the Abraham Accords. Trump also stated that if Iran signs an agreement with the U.S. president, Iran's accession to the Abraham Accords would be an honor.

According to Odaily Planet Daily, the Shanghai Stock Exchange Listing Review Committee is scheduled to hold its 31st review meeting of 2026 on June 1, 2026, to review Unitree Technology Co., Ltd.