LATEST: 🚨 The Sandbox says it has contained a bridge vulnerability that allowed an attacker to mint unbacked SAND on Base and BSC, but says the impact was "minimal," representing below 0.01% of total supply. https://t.co/6zAqK08GyL ...

Market Dynamics - South Korea's largest crypto exchange Upbit and second-largest crypto exchange Bithumb designated The Sandbox (SAND) as an investment caution asset [1] - The token associated with the Ethereum address `0x3845badade8e6dff049820680d1f14bd3903a5d0` was flagged by exchanges [1] Potential Risks - Exchanges cited unresolved security incidents involving The Sandbox ecosystem [1] - Concerns were raised regarding potential wallet or distributed ledger hacks [1]

Upbit and Bithumb Designate SAND as an Investment Caution Asset Over Unresolved Security IncidentsAccording to official announcements, South Korea’s largest crypto exchange Upbit and second-largest crypto exchange Bithumb designated The Sandbox (SAND) as an investment caution asset on Aug. 24, citing unexplained or unresolved security incidents, including potential hacks involving its wallets or distributed ledger.Bithumb is expected to review between Sept. 28 and Oct. 2 whether to lift or extend the cautio ...