Verify a decision

{"actor":"system:backfill","investigation_id":"1b3b0823-c7ff-46a7-ac65-5870db5a63d3","kind":"publish","page_slug":"port3-network","published_at":"2026-05-29T15:54:39.518Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Port3 Network","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://beincrypto.com/port3-network-web3-social-data-gateway-accelerating-web2-migration/","type":"other","url":""},{"credibility":3,"name":"https://www.gate.com/learn/articles/what-is-port3-network/2164","type":"other","url":""},{"credibility":3,"name":"https://medium.com/@Port3/port3-network-decentralized-social-data-layer-for-web3-78d92743444e","type":"other","url":""},{"credibility":3,"name":"https://www.rootdata.com/member/Anthony%20Deng?k=MTQxODc%3D","type":"other","url":""},{"credibility":3,"name":"https://www.kucoin.com/announcement/en-port3-network-port3-gets-listed-on-kucoin-world-premiere","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.theblock.co/post/208066/kucoin-labs-backs-web3-social-data-portal-port3s-3-million-round","type":"other","url":""},{"credibility":3,"name":"https://cryptorank.io/ico/port-3-network","type":"other","url":""},{"credibility":3,"name":"https://www.coincarp.com/project/port3-network/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://unchainedcrypto.com/port3-network-loses-13-million-in-token-bridge-exploit/","type":"other","url":""},{"credibility":3,"name":"https://nulltx.com/port3-exploit-triggers-full-token-migration-after-cross-chain-vulnerability-exposes-caterc20-weakness/","type":"other","url":""},{"credibility":3,"name":"https://www.bitget.com/news/detail/12560605077904","type":"other","url":""},{"credibility":3,"name":"https://www.bitget.com/news/detail/12560605078700","type":"other","url":""},{"credibility":3,"name":"https://www.weex.com/news/detail/port3-network-being-attacked-due-to-caterc20-vulnerability-will-release-a-new-token-to-fully-address-the-issue-238007","type":"other","url":""},{"credibility":3,"name":"https://phemex.com/news/article/port3-network-hacked-due-to-vulnerability-in-caterc20-token-solution-38622","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.okx.com/en-gb/learn/port3-token-migration-hack-details","type":"other","url":""},{"credibility":3,"name":"https://www.kucoin.com/news/flash/port3-network-token-migration-plan-launched-team-tokens-to-be-burned-to-offset-unauthorized-minting","type":"other","url":""},{"credibility":3,"name":"https://www.panewslab.com/en/articles/f6055e62-9e60-4789-aec3-41b38632990d","type":"other","url":""},{"credibility":3,"name":"https://intellectia.ai/news/crypto/port3-network-announces-token-migration-plan-after-security-breach","type":"other","url":""},{"credibility":3,"name":"https://www.coincarp.com/currencies/announcement/port3-network-port3-contract-migration/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.mexc.com/news/337145","type":"other","url":""},{"credibility":3,"name":"https://www.onesafe.io/blog/coinone-port3-delisting-security-breach","type":"other","url":""},{"credibility":3,"name":"https://support.kraken.com/articles/notice-of-scheduled-delistings-dec-2025","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/currencies/port3-network/","type":"other","url":""},{"credibility":3,"name":"https://www.coingecko.com/en/coins/port3-network","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://cryptorank.io/price/port-3-network/vesting","type":"other","url":""},{"credibility":3,"name":"https://icodrops.com/port3-network/","type":"other","url":""},{"credibility":3,"name":"https://dropstab.com/coins/port3-network/vesting","type":"other","url":""},{"credibility":3,"name":"https://www.coincarp.com/currencies/port3-network/project-info/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://x.com/Port3Network/status/1742532619185840587","type":"other","url":""},{"credibility":3,"name":"https://medium.com/@Port3/port3-network-monthly-recap-january-the-great-rebuild-evolution-2f111a113595","type":"other","url":""}]}],"sources_used":[],"summary":"Port3 Network is a Web3 social data protocol and AI data layer founded in 2022, backed by KuCoin Ventures and Jump Crypto, with products including SoQuest, SoSignal, and SoPush targeting Web3 community engagement and data aggregation. In November 2025 the project suffered a critical exploit in which an attacker leveraged a boundary-condition vulnerability in the third-party CATERC20 cross-chain standard to mint approximately 1 billion unauthorized PORT3 tokens valued at roughly $13 million, triggering an 80% token price collapse and full contract migration. ZachXBT has flagged the entity, and the token has been delisted from at least one major exchange (Coinone) following the incident.","timeline":[{"date":"2022-01-01","event":"Port3 Network founded by Anthony Deng and Max Du, targeting Web3 social data aggregation.","source":""},{"date":"2023-02-01","event":"Port3 Network raises $3 million seed round led by KuCoin Ventures, with participation from Jump Crypto, SNZ, Adaverse, and others.","source":""},{"date":"2024-01-08","event":"PORT3 Token Generation Event (TGE) completed; token listed on KuCoin as World Premiere.","source":""},{"date":"2024-03-28","event":"PORT3 reaches all-time high price of approximately $0.3283.","source":""},{"date":"2024-10-21","event":"Undisclosed strategic funding round closes.","source":""},{"date":"2025-11-22","event":"Attacker exploits CATERC20 boundary-condition vulnerability at 20:56:24 UTC, minting 1 billion unauthorized PORT3 tokens valued at approximately $13 million. Token price drops approximately 80%.","source":""},{"date":"2025-11-23","event":"Port3 team confirms hack, removes on-chain liquidity, coordinates exchange suspensions, and announces 1:1 token migration plan with snapshot at 20:56 UTC.","source":""},{"date":"2025-12-24","event":"Coinone lists PORT3 among scheduled December 2025 delistings.","source":""},{"date":"2026-01-26","event":"Coinone formally delists PORT3, citing unresolved security concerns from the November exploit.","source":""},{"date":"2026-01-31","event":"Port3 Network completes BNB Chain token migration to new contract address 0xf6402bec11bd945bbd46be77e1fa5d477883f6c2.","source":""},{"date":"2026-02-01","event":"SoQuest platform enters maintenance mode; team describes January 2026 as a period of strategic rebuild.","source":""}]},"v":1}