Agentic FoF Security Breach Leads to $531,000 Losses

A security vulnerability has impacted Agentic FoF, an on-chain asset management AI agent developed by Basis, resulting in a loss of approximately $531,000. Following the incident, all vault operations were suspended pending an internal investigation. While the Basis vault remains secure, precautionary measures have been implemented to pause operations until further review is complete; however, withdrawals from Agentic FoF are currently suspended.