🚨 3 HACKS IN 12 HOURS: Is Crypto Infrastructure Under Coordinated Attack?
Today is proving to be a black Sunday for cross-chain security.
In less than 12 hours, three major protocols have been hit by devastating smart contract and bridge exploits:
1️⃣ TAC ($TAC ): Halted its blockchain after a critical exploit targeted its Cosmos-based EVM side, directly corrupting the token supply.
2️⃣ KiiChain ($KII ): Forced into a complete network shutdown. A vulnerability in its EVM module allowed attackers to drain funds via Hyperlane to BSC.
3️⃣ The Sandbox ($SAND ): Just froze its bridges after an attacker compromised minting permissions, spawning 14.9 billion unbacked SAND on Base and BSC.
⚠️ CRITICAL WARNING: Do NOT buy or trade SAND on Base or BSC.
Liquidity there is completely compromised, and those unbacked tokens are isolated.
My Take: This isn't a coincidence.
The common denominator here is clear—EVM-compatibility layers and cross-chain bridges remain the most vulnerable honeypots in Web3.
We are likely dealing with a highly sophisticated, coordinated exploit wave.
Are your funds safe? Do you think a single hacking group is behind this?
#CryptoSecurity #DeFiHacks #TheSandbox #KiiChain #TAC
Today is proving to be a black Sunday for cross-chain security.
In less than 12 hours, three major protocols have been hit by devastating smart contract and bridge exploits:
1️⃣ TAC ($TAC ): Halted its blockchain after a critical exploit targeted its Cosmos-based EVM side, directly corrupting the token supply.
2️⃣ KiiChain ($KII ): Forced into a complete network shutdown. A vulnerability in its EVM module allowed attackers to drain funds via Hyperlane to BSC.
3️⃣ The Sandbox ($SAND ): Just froze its bridges after an attacker compromised minting permissions, spawning 14.9 billion unbacked SAND on Base and BSC.
⚠️ CRITICAL WARNING: Do NOT buy or trade SAND on Base or BSC.
Liquidity there is completely compromised, and those unbacked tokens are isolated.
My Take: This isn't a coincidence.
The common denominator here is clear—EVM-compatibility layers and cross-chain bridges remain the most vulnerable honeypots in Web3.
We are likely dealing with a highly sophisticated, coordinated exploit wave.
Are your funds safe? Do you think a single hacking group is behind this?
#CryptoSecurity #DeFiHacks #TheSandbox #KiiChain #TAC