Incident Overview
Chainbase (C) is a cryptocurrency launched in 2025and operates on the BNB Smart Chain (BEP20) platform. Chainbase has a current supply of 1,000,000,000 with 317,999,999 in circulation. The last known price of Chainbase is 0.0493617 USD and is up 1.11 over the last 24 hours.
It is currently trading on 111 active market(s) with $3,346,564.06 traded over the last 24 hours. More information can be found at https://chainbase.com/.
Incident Report
Protocol Information
What the Attacker Needed to Succeed
Understanding the prerequisites for this type of attack helps auditors identify protocols that are most at risk and helps developers build better defenses.
What Auditors Should Check
If you're auditing a protocol with similar architecture to Coinbase, these are the critical security checks that could have prevented this incident (August 2025).
- Verify all logic paths related to MEV composability attack are guarded by proper access controls and input validation - see the Frontrunning & Sandwich Attacks attack class for patterns
- Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs
Master these auditing techniques with hands-on labs and real exploit scenarios in the Smart Contract Hacking course.
Free TrialRelated Attack Classes
The technique used in this hack maps to these vulnerability classes in our security curriculum:
Proof-of-Concept Exploits
On-Chain Evidence & References
- Twitter/X Alert https://x.com/deeberiroz/status/1955718986894549344
Sources & References
Learn to Prevent the Next Coinbase
The Coinbase hack is one of many attacks that skilled auditors are trained to detect before deployment. Master real exploit patterns and defense techniques with hands-on Web3 security training.