KESTREL
TARGET · WALLETBASE · 8453

Safe 3-of-5 multisig

Overnight threat

/ 100

ELEVATED

0x05CEa6C36f3a44944A4F4bA39B1820677AcB97EE0x05CE…97EEexplorer ↗block #55,234,107 ↗2026-11-09 15:13 UTCscanned in 3,068 ms2 findings

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Morning desk brief · RULE-BASED · LIVE FACTS

block #55,234,107 ↗

ELEVATED · 40/100 — Safe 3-of-5 multisig 0x05CE…97EE on Base at block #55,234,107.

Act first: 4 unlimited approvals. Approval coverage: 37 tokens × 51 spenders + 185 Permit2 sub-allowances; Approval logs over 24h for curated tokens + Permit2 only. Panic Bunker can revoke the 4 flagged approvals as one Safe transaction (3-of-5 signatures).

Findings · 2

points add up to the score
SeverityFindingPoints
CRIT

4 unlimited approvals

WETH → Permit2 (Universal) · WETH → CoW Protocol GPv2VaultRelayer · USDC → Uniswap v3 Position Manager · AERO → CoW Protocol GPv2VaultRelayer

+40
INFO

Safe 3-of-5 multisig

Smart-contract wallet (Safe v1.3.0): revocations execute as one Safe transaction once 3 owners sign.

Safe ↗
+0
Total40

Wallet exposure · Safe 3-of-5 multisig

Native ETH
0
Live approvals
4
Spenders checked
510 Approval logs in 8h
Approval coverage
37 tokens × 51 spenders2072 allowance reads · 24h log window

Holdings

USDC
22,569.0582

Open approvals

TokenSpenderAllowance
WETHPermit2 (Universal) 0x0000…8BA3 ↗UNLIMITED
WETHCoW Protocol GPv2VaultRelayer 0xC92E…0110 ↗UNLIMITED
USDCUniswap v3 Position Manager 0x03a5…34f1 ↗UNLIMITED
AEROCoW Protocol GPv2VaultRelayer 0xC92E…0110 ↗UNLIMITED

Base public RPC requires an address filter for logs, so Approval-log discovery covers the curated tokens + Permit2 (set BASE_LOGS_RPC_URL for wallet-wide discovery).