Audit log

Every state-changing event for PAID Network: 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

   2026-05-22 04:05:25Z
   Score: ? → ? (no score change)
   anchoranchored

   chain

   ●mainnet-betaslot 421,342,872

   sig

   34TJibsWdyd1…hXwgaxG9copyexplorer ↗

   hash

   EHJ9C7xvoyBc…brGkxdkEcopysha256 → base58

   verifying row…full verify ↗

   canonical bytes (6446 B) ▸

   {"actor":"system:backfill","investigation_id":"cc59fb63-f877-42a8-8b60-6c6a71158c98","kind":"publish","page_slug":"paid-network","published_at":"2026-05-22T04:05:25.821Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"PAID Network","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://paidnetwork.medium.com/paid-network-attack-postmortem-march-7-2021-9e4c0fef0e07","type":"other","url":""},{"credibility":3,"name":"https://www.coindesk.com/markets/2021/03/05/paid-network-exploit-mints-attacker-60m-tokens-report/","type":"other","url":""},{"credibility":3,"name":"https://www.halborn.com/blog/post/explained-the-paid-network-hack-march-2021","type":"other","url":""},{"credibility":3,"name":"https://www.theblock.co/amp/linked/97411/paid-network-token-minting-exploit-eth","type":"other","url":""},{"credibility":3,"name":"https://www.altcoinbuzz.io/finance-and-funding/real-exploit-or-rug-pull-paid-network-attack/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.altcoinbuzz.io/finance-and-funding/real-exploit-or-rug-pull-paid-network-attack/","type":"other","url":""},{"credibility":3,"name":"https://paidnetwork.medium.com/paid-network-attack-postmortem-march-7-2021-9e4c0fef0e07","type":"other","url":""},{"credibility":3,"name":"https://www.publish0x.com/cryptoinvesting/paid-network-rugs-investors-lose-dollar-100m-ivan-on-tech-im-xykovnx","type":"other","url":""},{"credibility":3,"name":"https://beincrypto.com/paid-network-releases-exploit-post-mortem/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.halborn.com/blog/post/explained-the-paid-network-hack-march-2021","type":"other","url":""},{"credibility":3,"name":"https://paidnetwork.medium.com/paid-network-attack-postmortem-march-7-2021-9e4c0fef0e07","type":"other","url":""},{"credibility":3,"name":"https://beincrypto.com/paid-network-releases-exploit-post-mortem/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://paidnetwork.medium.com/paid-v2-token-faq-cc6b7ab60907","type":"other","url":""},{"credibility":3,"name":"https://www.gate.com/announcements/article/20461/Important-announcement-regarding-compensation-for-PAID-Network-hack-victims-Gate.io-compensation-program","type":"other","url":""},{"credibility":3,"name":"https://beincrypto.com/paid-network-rewards-community-for-support-during-hack/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://theorg.com/org/paid-network/org-chart/kyle-chasse","type":"other","url":""},{"credibility":3,"name":"https://medium.com/theamaroom/paid-network-with-kyle-chasse-ama-t-me-amaroom-8f28aa4045bf","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coingecko.com/en/coins/paid-network","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/currencies/paid-network/","type":"other","url":""},{"credibility":3,"name":"https://chainbroker.io/projects/paid-network/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.sec.gov/newsroom/press-releases/2024-95","type":"other","url":""}]}],"sources_used":[],"summary":"PAID Network is an Ethereum-based DeFi launchpad and legal-contract protocol whose native PAID token suffered a catastrophic infinite mint exploit on March 5, 2021, resulting in approximately 59.5 million tokens being minted and ~2,040 ETH (~$3 million at the time) extracted before the team intervened. Significant on-chain evidence and community investigators raised allegations that the attack was an insider job or was enabled by gross negligence over a known vulnerability, though the team maintained it was an external private-key compromise. The token has since declined over 99% from its all-time high and retains a negligible market capitalization as of 2025-2026.","timeline":[{"date":"2020-10-01","event":"PAID Network launches; PAID token introduced as governance and utility token for a DeFi legal-contract and launchpad protocol founded by Kyle Chasse via Master Ventures.","source":""},{"date":"2021-01-01","event":"The @WARONRUGS Twitter account publicly warns that PAID's deployer address retains the ability to mint unlimited PAID tokens without multisignature controls, identifying the exact vulnerability later exploited.","source":""},{"date":"2021-02-18","event":"PAID token reaches its all-time high of approximately $6.38 USD.","source":""},{"date":"2021-03-05","event":"At approximately 18:07 UTC, the PAID smart contract is exploited. The attacker mints 59,471,745.571 PAID tokens using a compromised (or insider-controlled) deployer private key. 2,501,203 tokens are sold on Uniswap for ~2,040 ETH (~$3M). The PAID token price drops 85-92%. The team pulls Uniswap liquidity approximately 40 minutes after the attack is detected.","source":""},{"date":"2021-03-07","event":"PAID Network publishes its attack postmortem, attributing the exploit to an accidentally compromised private key and denying insider involvement. The team announces a token relaunch (v2) based on a pre-exploit holdings snapshot.","source":""},{"date":"2021-03-08","event":"Gate.io announces a separate compensation program for its users affected by the PAID Network hack.","source":""},{"date":"2021-04-01","event":"PAID Network launches its Ignition IDO launchpad. AIOZ Network is among the first projects to hold an IDO on the platform.","source":""},{"date":"2021-05-01","event":"PAID Network migrates to v2 token contracts with multisignature governance controls implemented. Multiple additional IDO projects launch on Ignition through mid-2021.","source":""},{"date":"2024-01-01","event":"PAID token trades at approximately $0.37, down dramatically from its 2021 all-time high.","source":""},{"date":"2025-01-01","event":"PAID token trades at approximately $0.093, a further ~75% decline from January 2024 levels.","source":""},{"date":"2026-01-01","event":"PAID token trades at approximately $0.00008–$0.00023 USD with negligible market capitalization (~$54,000) and minimal daily trading volume, representing a decline of over 99.99% from its all-time high.","source":""}]},"v":1}

   Verify offline (run on your own machine)

   python -m src.verify_decision ec1902bb-1049-41fa-b1dd-122827a85814copy