The Sandbox suffered a major security breach when an attacker exploited its cross-chain bridge on Base and BNB Smart Chain, minting 14.9 billion unbacked SAND tokens worth about $718 million. The vulnerability was isolated to the SAND Omnichain Fungible Token on Base, allowing unauthorized minting. The project team has contained the issue, stating the impact is minimal, affecting less than 0.01% of total SAND supply, and no user wallets on Ethereum or Polygon were compromised. Movement of SAND on Base and BSC chains has been disabled, and affected liquidity providers will be compensated after review. The hack highlights ongoing crypto security risks amid rising exploits this year, totaling $1.6 billion lost so far.
The Sandbox suspended SAND token bridging on Base and BNB Smart Chain after an attacker exploited the cross-chain system to mint unbacked tokens, isolating SAND on these networks. The Ethereum-based SAND remains secure and unaffected, with no user wa...
The Sandbox gaming platform paused cross-chain transfers on Base and BNB Smart Chain after a hacker exploited a vulnerability to mint nearly $49 billion in unbacked SAND tokens. Although 14.9 billion tokens were minted, only about 14.75 million moved...
The Sandbox identified and contained a vulnerability in its cross-chain bridge on Base and BNB Smart Chain that allowed an attacker to mint unbacked SAND tokens. The incident affected less than 0.01% of the total 3 billion SAND supply, with no user w...
