@Oyster King
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生蚝哥Oyster
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Bullish🚨Breaking Crisis! A major vulnerability has been discovered in The Sandbox cross-chain bridge!!
On August 22, The Sandbox’s official account urgently announced that a security vulnerability has surfaced in the SAND cross-chain bridge on the Base and BSC networks. The project team has now taken emergency control of the situation!
Hackers exploit the vulnerability to mint unbacked SAND tokens out of thin air!
Although the affected tokens account for less than 0.01% of the total supply, the risk must never be taken lightly❗
SAND on the Ethereum and Polygon networks remains unharmed. Users’ personal wallets have not been breached, so ordinary holders do not need to take action for now.
To stop the risk from spreading, the official team has directly shut down all SAND cross-chain channels on Base and BSC. All SAND on the two chains has been isolated and locked, completely prohibiting transfers and swaps.
⚠️Major Warning: Do not touch any SAND on Base or BSC! Buying and selling transactions carry extremely high risk—this liquidity has already been damaged!
The team has completed an on-chain snapshot and is urgently working on a compensation plan for LP liquidity providers. A deeper investigation into the vulnerability is still ongoing, and a full incident recap report will be released later.
On August 22, The Sandbox’s official account urgently announced that a security vulnerability has surfaced in the SAND cross-chain bridge on the Base and BSC networks. The project team has now taken emergency control of the situation!
Hackers exploit the vulnerability to mint unbacked SAND tokens out of thin air!
Although the affected tokens account for less than 0.01% of the total supply, the risk must never be taken lightly❗
SAND on the Ethereum and Polygon networks remains unharmed. Users’ personal wallets have not been breached, so ordinary holders do not need to take action for now.
To stop the risk from spreading, the official team has directly shut down all SAND cross-chain channels on Base and BSC. All SAND on the two chains has been isolated and locked, completely prohibiting transfers and swaps.
⚠️Major Warning: Do not touch any SAND on Base or BSC! Buying and selling transactions carry extremely high risk—this liquidity has already been damaged!
The team has completed an on-chain snapshot and is urgently working on a compensation plan for LP liquidity providers. A deeper investigation into the vulnerability is still ongoing, and a full incident recap report will be released later.
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