Incident Overview
Grand Base, a real world assets platform built on the Base layer-2 blockchain, the team behind the project claimed that the deployer wallet had been compromised, allowing an attacker to drain the project's liquidity pool. Altogether, 615 ETH (~$2 million) was taken from the project. On April 20th, Grand Base tweeted that during the token reboot process, the team had managed to retrieve our veNFTs from the hacked address and transferred them to a multi-sig wallet. The veNFT position represents and amount of $225,000 and will be used to build robust liquidity when the time comes.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.