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Hyperliquid-based Web3 super app Based (BASED) said it reported a debit card data leak to Singapore police and notified relevant authorities, including the Personal Data Protection Commission (PDPC).
Based CEO Edison Lim said on X the company is responding to affected users individually and cooperating with investigators. Lim added card services remain fully operational, while trading wallets and the app were not affected. Lim also said users control their own wallet private keys and Based does not store them.
Lim said an administrator dashboard tied to a suspected leak raised about five months ago was unrelated to the latest incident. According to Lim, the dashboard was part of a prototype built in March on OpenClaw, was never launched after a small internal test, and was later discontinued without storing customer data.