Crypto
SAND Exploit Rocks The Sandbox's Base Network
The Sandbox's Base network deployment was hit by a massive exploit on August 22, 2026. Blockchain security firm PeckShield confirmed that an attacker had gained arbitrary token-minting permissions on The Sandbox's contract deployed on Base.
According to data made public, approximately 14.9 billion SAND tokens were minted across two addresses, dwarfing the token's entire 3-billion supply on Ethereum mainnet.
The attacker was able to drain approximately 14.75 million SAND from the Ethereum adapter in under a minute, with realized proceeds from token sales coming to roughly 80 ETH, or about $675,000.