Cryptocurrency
[loss] $2M+
Tweet thread by CertikAlert
Primary Source ↗Financial Loss
$2.0M
(1,972,305 USD)
Blockchain(s)
Ethereum
Incident Details
Grand Base, a real world assets platform built on the Base layer-2 blockchain, has seen $2 million exit the platform in a hack or rug pull.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.Grand Base is a platform where users can trade “gAssets”, which are crypto tokens that represent stocks in tech companies including Amazon, Apple, Google, Meta, and Microsoft.
Total loss estimated at $1,972,305.
Technical Details
- Initial Attack Vector
- Exit scam / rug pull
- Vendor / Product
- Grand Base theft
Timeline
- 2024-04-15 Breach occurred
- 2024-04-15 Publicly disclosed