BaseBros Fi, a decentralized finance (DeFi) protocol on the Base blockchain, vanished from the web after committing a rug pull, absconding with users' investments through an unaudited smart contract. On September 13, BaseBros wiped out its official site and social media presence on X and Telegram. Chain Audits, a blockchain security firm that audited some BaseBros smart contracts, discovered that the project executed the rug pull using an unaudited Vault contract. Prior to its disappearance, BaseBros had around 2,000 followers on X and over 3,300 Telegram members. The unaudited contract had a backdoor vulnerability, enabling the owners to withdraw funds from the 'Strategy' contract. The incident initially caused confusion with the Seamless protocol, but investigations confirmed that only BaseBros Fi suffered losses. In a separate event, a hacker praised the Penpie hacker for a $27 million hack, while the Euler Finance hacker returned most of the $195 million stolen in March 2023 for legal immunity and a reward. Read more AI-generated news on: https://app.chaingpt.org/news