Sandbox Hack Sees Nearly $49 Billion Worth of SAND Minted in Exploit

NewsSat, 22 Aug 2026 14:25:53 UTC1 hour ago
Sandbox Hack Sees Nearly $49 Billion Worth of SAND Minted in Exploit
The Sandbox hack exposed a vulnerability in its SAND cross-chain contract on Base, allowing attackers to mint tokens without collateral. While billions of dollars worth of SAND were generated on-chain, reported losses were far smaller, with exchanges and The Sandbox taking steps to contain the incident.
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