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Grandbase_fi Suffers Major Security Breach: $GB Token Value Plummets Over 99%

Today, grandbase_fi encountered a severe security breach when their deployer’s wallet fell victim to unauthorized access, enabling the attacker to mint $GB tokens on BASEChain. This breach resulted in unauthorized transactions that triggered a staggering decline in the value of the token, with prices plummeting by over 99%. According to reports from @CyversAlerts, the hack […]

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Concentric.fi On Arbitrum Falls Victim To $1.7M Social Engineering Attack

Concentric Fi, operating on the Arbitrum network, has incurred substantial losses exceeding $1.7 million due to a targeted social engineering attack.  The breach exploited a vulnerability in the protocol, stemming from unauthorized access gained through a sophisticated attack on one of the team members overseeing the deployer wallet. The compromise of the deployer wallet resulted […]