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Grand Base1 decision on this page

Audit log

Every state-changing event for Grand Base: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.

  1. #1publishby system:backfill
    2026-05-28 05:24:14Z
    Score: ?? (no score change)
    anchoranchored
    chain
    mainnet-betaslot 422,655,944
    sig
    6332wJHYha4f…CXztx55mexplorer ↗
    hash
    2dzDSsENe91R…tVMnV1Vzsha256 → base58
    verifying row…full verify ↗
    canonical bytes (6267 B) ▸
    {"actor":"system:backfill","investigation_id":"8801b80f-de02-4d70-98fa-b97eefd9a26d","kind":"publish","page_slug":"grand-base","published_at":"2026-05-28T05:24:13.897Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Grand Base","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/grand-base","type":"other","url":""},{"credibility":3,"name":"https://beincrypto.com/defi-protocol-grand-base-hacked/","type":"other","url":""},{"credibility":3,"name":"https://cointelegraph.com/news/base-asset-tokenization-protocol-compromised","type":"other","url":""},{"credibility":3,"name":"https://www.web3isgoinggreat.com/single/grand-base-theft","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/grand-base","type":"other","url":""},{"credibility":3,"name":"https://beincrypto.com/defi-protocol-grand-base-hacked/","type":"other","url":""},{"credibility":3,"name":"https://www.quadrigainitiative.com/hackfraudscam/grandbaseprivatekeyleak.php","type":"other","url":""},{"credibility":3,"name":"https://crypto.news/grand-base-minting-sparks-rug-pull-concerns-as-token-plunges-99/","type":"other","url":""},{"credibility":3,"name":"https://medium.com/neptune-mutual/understanding-the-grand-base-exploit-82a1ead971dc","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://crypto.news/grand-base-minting-sparks-rug-pull-concerns-as-token-plunges-99/","type":"other","url":""},{"credibility":3,"name":"https://rekt.news/grand-base","type":"other","url":""},{"credibility":3,"name":"https://www.web3isgoinggreat.com/single/grand-base-theft","type":"other","url":""},{"credibility":3,"name":"https://bsc.news/post/grand-base-protocol-reportedly-exploited-for-2-m-exploit-what-we-know","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/grand-base","type":"other","url":""},{"credibility":3,"name":"https://beincrypto.com/defi-protocol-grand-base-hacked/","type":"other","url":""},{"credibility":3,"name":"https://crypto.news/grand-base-minting-sparks-rug-pull-concerns-as-token-plunges-99/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/grand-base","type":"other","url":""},{"credibility":3,"name":"https://beincrypto.com/defi-protocol-grand-base-hacked/","type":"other","url":""},{"credibility":3,"name":"https://crypto.news/grand-base-minting-sparks-rug-pull-concerns-as-token-plunges-99/","type":"other","url":""},{"credibility":3,"name":"https://www.quadrigainitiative.com/hackfraudscam/grandbaseprivatekeyleak.php","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://coingape.com/grand-base-token-gb-price-plummets-99-after-2m-hack/amp/","type":"other","url":""},{"credibility":3,"name":"https://crypto.news/base-hack-defi-network/","type":"other","url":""},{"credibility":3,"name":"https://www.coinspeaker.com/crypto-thefts-coinbase-base-april/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.cryptometer.io/news/zachxbt-exposes-scam-ring-behind-multiple-defi-rug-pulls/","type":"other","url":""},{"credibility":3,"name":"https://coinpaper.com/3930/fraudsters-target-new-victims-with-millions-in-laundered-crypto","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://medium.com/@grand.base/introducing-grand-base-925cb2ecc713","type":"other","url":""},{"credibility":3,"name":"https://docs.grandbase.io/","type":"other","url":""},{"credibility":3,"name":"https://rekt.news/grand-base","type":"other","url":""}]}],"sources_used":[],"summary":"Grand Base was a decentralized real-world asset (RWA) synthetic trading protocol launched on Coinbase's Base layer-2 blockchain in early 2024. On April 15, 2024, the protocol suffered a critical security incident in which its deployer wallet was compromised, allowing an attacker to mint approximately 32.5 million unauthorized GB tokens and drain roughly $2 million in liquidity. The GB token subsequently lost over 99% of its value; no verified recovery or compensation plan has been confirmed, and the project's long-term operational status remains uncertain.","timeline":[{"date":"2023-12-08","event":"Grand Base publishes community update on token distribution, delaying team token vesting and revising minting schedule from 10 million to 3.9 million GB tokens.","source":""},{"date":"2024-01-01","event":"Grand Base opens testnet on Base chain per roadmap, with full mainnet launch targeted for Q1 2024.","source":""},{"date":"2024-04-15","event":"At approximately 03:01 AM UTC, the Grand Base deployer wallet is compromised. The attacker mints approximately 32.5 million unauthorized GB tokens and executes over 600 swaps on Aerodrome to convert them to ETH, draining approximately $2 million in liquidity.","source":""},{"date":"2024-04-15","event":"Community member @0xkinnif flags the suspicious minting activity on social media. PeckShield and CertiK issue security alerts. The Grand Base Telegram admin warns users not to interact with the token contract.","source":""},{"date":"2024-04-15","event":"Approximately 6 hours after community alerts, Grand Base posts an announcement on X acknowledging the exploit, attributing it to a hacked developer PC compromising the LP wallet.","source":""},{"date":"2024-04-15","event":"Stolen ETH is bridged from Base chain to Ethereum mainnet and distributed across six known attacker wallet addresses. Approximately 808.57 ETH (~$2.49M) is consolidated in an EOA.","source":""},{"date":"2024-04-15","event":"Grand Base states it is in contact with CEX security teams including MEXC to freeze attacker funds and prevent off-ramping. A relaunch with audited contracts and retroactive airdrops is promised.","source":""},{"date":"2024-04-15","event":"GB token loses over 99% of its value, falling to approximately $0.0049. Protocol liquidity pools are effectively emptied.","source":""}]},"v":1}
    Verify offline (run on your own machine)
    python -m src.verify_decision 701460f2-1790-475e-86a0-2dd8df3585a6
How verification works. The “Row integrity” check above is computed in your browser — your machine recomputes the SHA-256 of the canonical bytes and compares against the stored hash. No avoid.net server can fake that check. The “full verify” link goes one level deeper: your browser fetches the on-chain transaction from a Solana RPC node and confirms the same hash is in the memo. If you don’t want to trust either avoid.net or the public RPC, run the CLI verifier on your own machine — python -m src.verify_decision <event_id>.