A significant exploit on GemPad has impacted multiple tokens on Base network, including community-created $DUB token. The attacker managed to bypass lock protections through an undisclosed mechanism, acquiring and dumping a substantial amount of $ALB tokens.
Key points:
- Exploit activity has concluded
- GemPad contracts have been paused
- Alien Base platform remains secure
- Users advised to withdraw LP from DUB pool
Status Update: While Alien Base was not directly compromised, $ALB experienced collateral damage. Further information and remediation plans will be shared once available.
Action Required: Remove liquidity from DUB pool until situation stabilizes.
It appears that a fairly large exploit has occurred on Gempad, which has unfortunately involved one of the tokens made by our community members, $DUB. We鈥檙e still investigating the issue, but several tokens on Base were affected. The exploit was able to override lock
The worst of the exploit is over as the hacker finished their $DUB and $ALB and the contracts have been paused on the @TheGemPad side. It鈥檚 important to note that our platform was not directly involved, but unfortunately $ALB suffered collateral damage. We鈥檒l share more
It appears that a fairly large exploit has occurred on Gempad, which has unfortunately involved one of the tokens made by our community members, $DUB. We鈥檙e still investigating the issue, but several tokens on Base were affected. The exploit was able to override lock
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