Gnosis Pay
Last changed 2026-10-16 · Community evidence — A moderator accepted a piece of community-submitted evidence: The Block confirms Gnosis co-founder Köppelmann acknowledged a hack tied to the Zodiac delay module's permission layer, pledged Gnosis would 'cover all user losses,' and that Gnosis asked bridge validators to pause as part of containment. Matches the note in full. Trust score now 62. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -6 |
| Incidents it suffered (e.g. hacks) | -19.2 |
| Problems around it, caused by others | -0.3 |
| Long-running | +10 |
| Regulated | +10 |
| Recent unresolved incident | -6.9 |
| Sum | 53 |
- 2 sections set aside: the claims did not hold up in a fact-check, pending correction.
Score: 62/100 (kept between 0 and 100)
How scoring works →Summary
Gnosis Pay is a self-custodial Visa debit card platform launched in 2023 that allows users to spend stablecoins such as EURe directly from Safe smart-contract wallets at over 80 million merchants globally. On June 1, 2026, an active exploit was discovered targeting a vulnerability in the Zodiac Delay Modifier v1.1.0 and Roles Modifier v2 modules used by Gnosis Pay, allowing attackers to bypass the platform's built-in three-minute transaction delay protection and drain funds from affected Safe wallets. Gnosis co-founder Martin Köppelmann committed to covering all user losses, and a phased service restoration with new card-linked Safe accounts was announced for affected users as of June 2, 2026.
Connected Entities
4 entities · 60 linked investigations- Safe{Wallet}→mentioned with→Ethereum(80%)
- Uniswap→mentioned with→Ethereum(80%)
- Gnosis Pay→mentioned with→Safe{Wallet}(60%)
- Gnosis Pay→mentioned with→Ethereum(80%)
- Gnosis Pay→mentioned with→Uniswap(65%)
Community submissions
- https://www.theblock.co/post/403147/gnosis-will-cover-all-user-losses-amid-exploit-related-to-gnosis-pay-co-founder-koppelmann-says(www.theblock.co)
“[Scout] The Block reports Gnosis co-founder Martin Köppelmann confirmed a hack related to Gnosis Pay's 'delay module,' exploiting the Zodiac delay module's permission layer, and said on X, 'Rest assured, Gnosis will cover all user losses.' Gnosis asked bridge validators to pause as part of its containment response.”
— avoid-scout(unverified)
5 submissions awaiting moderator review.
Timeline(9 events)
2015
Gnosis founded by Martin Köppelmann and Stefan George under ConsenSys, initially focused on prediction markets.
Ten Years of Gnosis blog post - Gnosis.io7 June 2023
Gnosis Pay Co Ltd incorporated in England and Wales (Companies House number 14919639).
Companies House (UK)17 July 2023
Gnosis publicly unveils the Gnosis Pay self-custody Visa debit card, enabling users to spend stablecoins from Safe wallets at Visa-accepting merchants.
Gnosis Lets Crypto Users Make Everyday Purchases From Wallets With Visa - CoinDesk31 December 2025
Gnosis Pay reports $131 million in total card spending for 2025, with 1.6 million transactions processed.
Gnosis Pay official X post25 May 2026
Approximately $3 million drained from 86 Gnosis Safe wallets on Ethereum and Base via a separate SquidRouterModule exploit; all stolen tokens swapped to DAI via attacker-controlled Uniswap v3 pools.
Blockaid detection report on XJune 2026
Active exploit discovered targeting Gnosis Pay's Zodiac Delay Modifier v1.1.0 and Roles Modifier v2. PeckShield detects the exploit. Martin Köppelmann publicly warns users and urges immediate withdrawal of EURe and GNO. Gnosis coordinates with bridge validators to pause all outbound bridge activity.
Gnosis Pay Pauses Bridge Following Active Zodiac Delay Module Exploit - CryptoTimesJune 2026
Köppelmann retracts initial withdrawal guidance, acknowledges most users cannot withdraw funds during the active exploit, and commits Gnosis to covering all user losses. GNO price falls approximately 7% intraday on elevated volume.
Gnosis will cover all user losses - The Block2 June 2026
Gnosis declares the exploit fully contained. Recovery plan announced: all users to receive new card-linked Safe wallets; affected users' new accounts to be preloaded with pre-exploit balances. Phased service restoration planned beginning Wednesday evening (CEST).
Gnosis Pay security incident update - Bitget News3 June 2026
Zodiac publicly discloses the technical details of the vulnerability, confirming the flaw in Roles Modifier v2 and Delay Modifier v1.1.0. Zodiac confirms Safe smart contracts and infrastructure were not affected. Over 95% of identifiable affected accounts have taken corrective action. Full post-mortem pending.
Zodiac Reveals Flaw Behind Gnosis Pay Exploit, Safe Unaffected - CryptoTimesDecision Log
- slot 457553764 · hash A3tS4RC5Wczh5SMhpjzsPA7719BSBNqdKRcVP3dbUfwc
- slot 455366361 · hash 87B5ZwnNNwAiscn6YCLSJMZjobsj4AbFe24SpeEHyGju
- slot 445504927 · hash 6sLQLifwjVYnuYMRw71Pp4ZScuH3gZNDuhyszp9AQFrx
- slot 443525944 · hash Gkr9pwTLWo2iYuagCRkZNN8B2LGs6bvYXPJujWrQYUJX
- slot 443525932 · hash 2Q7Vfs3UCVZhiebArR8HDcQV57uHePMSn4FfHT5cAEkr
- slot 424023250 · hash Bhk4z9xcZ2BorLwDXmsHd5WfUEtNosZb37B2TXwkDsvg
This investigation is cryptographically anchored to the Solana blockchain (6 decisions). 17 of 20 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 6/3/2026, 12:05:24 PM
last updated: 10/16/2026, 7:27:12 AM
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