Sandbox Plans 1:1 Compensation for Bridge Hack Victims

The Sandbox has announced plans to implement a 1:1 compensation scheme in response to a vulnerability that led to around $700,000 worth of SAND tokens being stolen.

The hack occurred due to an issue with the project's 'bridging' mechanism, which enables users to transfer assets between different blockchain environments.

No further details have been provided on the status of the affected users or the current state of the project's security protocols.