🚨 SECURITY ALERT: $SAND Cross-Chain Exploit Contained on Base Network
The Sandbox ($SAND ) team identified and contained a smart contract vulnerability affecting its cross-chain bridge infrastructure on the Base and BNB Smart Chain networks.
The Mechanism: The flaw allowed an attacker to mint unauthorized, unbacked $SAND tokens through the cross-chain bridge logic.
Impacted Supply: The exploit was restricted to less than 0.01% of the total 3 billion Sand supply.
Core Assets Safe: Ethereum and Polygon mainnet contracts, along with native user wallets, remain uncompromised.
Operational Protocol: Cross-chain bridge transfers on affected networks have been paused. Centralized exchanges (including Upbit and Bithumb) temporarily suspended $SAND deposits and withdrawals as a standard security precaution.
#SandboxSANDSuspectedInfiniteMintFlawOnBase
The Sandbox ($SAND ) team identified and contained a smart contract vulnerability affecting its cross-chain bridge infrastructure on the Base and BNB Smart Chain networks.
The Mechanism: The flaw allowed an attacker to mint unauthorized, unbacked $SAND tokens through the cross-chain bridge logic.
Impacted Supply: The exploit was restricted to less than 0.01% of the total 3 billion Sand supply.
Core Assets Safe: Ethereum and Polygon mainnet contracts, along with native user wallets, remain uncompromised.
Operational Protocol: Cross-chain bridge transfers on affected networks have been paused. Centralized exchanges (including Upbit and Bithumb) temporarily suspended $SAND deposits and withdrawals as a standard security precaution.
#SandboxSANDSuspectedInfiniteMintFlawOnBase