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Based Says Trading Wallet and App Were Unaffected by Card Data Incident

Based Says Trading Wallet and App Were Unaffected by Card Data Incident

Photo: TokenPost

Based said its trading wallet and app remain unaffected after a recent card data incident, while the team has notified regulators and police and begun responding to affected users. The team contacted Singapore’s Personal Data Protection Commission (PDPC) and other relevant regulators, and filed a police report. It is cooperating with law enforcement as the investigation continues. Based said its card service remains operational. Its trading wallet uses a self-custodial model, meaning the platform does not hold users’ private keys. Social login is provided by Privy, and users can continue trading through the app.

Source: TokenPost

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