PANews, August 27: The Sandbox has released a post-incident analysis of the exploit on August 22, in which attackers exploited a vulnerability in the Base and BSC bridge contract, stealing 14,742,341.84 SAND tokens (approximately 0.5% of the maximum supply) from the Ethereum treasury. SAND on Ethereum and Polygon remained completely unaffected, with the total supply unchanged at 3 billion. The team has reported the attacker’s wallet information to TRM Labs and Chainalysis, directly contacted relevant exchanges, and is preparing a compensation program for eligible users. All users who held Base/BSC SAND prior to the incident will receive a 1:1 compensation in Ethereum SAND, with the claims process opening within two weeks.
The Sandbox Reports Security Breach, Stealing 14.74M SAND, Launches 1:1 Compensation Plan
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Summary
The Sandbox disclosed a security breach on August 22, 2026, in which a DeFi exploit enabled attackers to steal 14,742,341.84 SAND from the Ethereum treasury. The vulnerability was identified in the Base and BSC bridge contracts. The team has shared the attacker’s wallet details with TRM Labs and Chainalysis, contacted exchanges, and will implement a 1:1 compensation plan. The total SAND supply remains at 3 billion tokens.
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