🚨 BREAKING: $SAND JUST GOT HIT BY A MASSIVE SECURITY EXPLOIT.
Attackers allegedly minted 49 BILLION unbacked SAND enough to completely overwhelm liquidity across BSC and Base.
The Sandbox team has confirmed the exploit and immediately isolated SAND liquidity on both networks.
Bridging to and from BSC and Base has also been disabled.
⚠️ If you hold or trade $SAND on BSC or Base, DO NOT INTERACT WITH IT until the team gives the all-clear.
The Sandbox says it is preparing a compensation plan for affected liquidity providers.
49B unbacked tokens.
Liquidity compromised.
Bridges frozen.
This is a developing situation.
#Crypto #SAND #TheSandbox #DeFi #CryptoSecurity $SAND
Attackers allegedly minted 49 BILLION unbacked SAND enough to completely overwhelm liquidity across BSC and Base.
The Sandbox team has confirmed the exploit and immediately isolated SAND liquidity on both networks.
Bridging to and from BSC and Base has also been disabled.
⚠️ If you hold or trade $SAND on BSC or Base, DO NOT INTERACT WITH IT until the team gives the all-clear.
The Sandbox says it is preparing a compensation plan for affected liquidity providers.
49B unbacked tokens.
Liquidity compromised.
Bridges frozen.
This is a developing situation.
#Crypto #SAND #TheSandbox #DeFi #CryptoSecurity $SAND