security
The Sandbox halts bridging on Base and BNB Chain following exploit
The Sandbox has disabled bridging on the Base and BNB Chain networks after a security exploit, advising users not to trade SAND tokens on these networks.
AS1 NewsSource: coindesk.com
BNBThe Sandbox, a prominent Web3 gaming platform, has temporarily disabled bridging functionalities on the Base and BNB Chain networks following a security exploit. This action aims to isolate affected tokens and prevent further potential damage. The company has issued warnings to users not to trade SAND tokens on these networks during this period. The incident appears to have a minimal impact, affecting less than 0.01% of the total token supply. The specific details of the exploit and the extent of the breach have not been publicly disclosed, but the measures taken suggest a proactive approach to security. The Sandbox continues to monitor the situation and will provide updates as more information becomes available.
The security incident led to the temporary suspension of bridging on affected networks, with minimal impact on the overall token supply and user activity.