Grand Base, a DeFi market on Base that focuses on synthesising and tokenising real-world assets, experienced a $2 million exploit, due to a leak of a private key associated with one of the deployer wallets.
Behind the Breach
The exploit was facilitated through unauthorised access to one developer's PC where the private key of the deployer wallet was stolen. Once compromised, the attacker minted and sold 32.5 million GB tokens worth approximately $2 million.
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You build the future. We help you secure it.

Grand Base, a DeFi market on Base that focuses on synthesising and tokenising real-world assets, experienced a $2 million exploit, due to a leak of a private key associated with one of the deployer wallets.

**Behind the Breach**

The exploit was facilitated through unauthorised access to one developer's PC where the private key of the deployer wallet was stolen. Once compromised, the attacker minted and sold 32.5 million GB tokens worth approximately $2 million.

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Rivanorth is a boutique Web3 cybersecurity company. We specialise in smart contract audits and blockchain security advisory. Visit [**https://rivanorth.com/**](https://rivanorth.com/) to find out more.

You build the **future**. We help you **secure** it.

Hack Explained - Grand Base

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You build the future. We help you secure it.
