Sandbox Pauses Base and BNB Chain Bridging Amid SAND Token Exploit

The Sandbox has paused bridging on Base and BNB Chain after an exploit of its SAND token, which affected under 0.01% of the supply.

The team took swift action to disable bridging on these networks, isolating SAND tokens and warning users not to trade them on Base and BNB Chain.

Bridges create multiple representations of an asset, each dependent on a separate bridge contract's security. If one side is compromised, the safest move is to halt movement until the project determines whether affected tokens can be isolated or returned.

The warning against trading SAND on Base and BNB Chain aims to prevent a secondary market from forming around compromised or potentially non-fungible tokens.