The Sandbox Guarantees 1:1 Reimbursement Following $14.7M Cross-Chain Bridge Exploit
August 29, 2026
Following an August 22 exploit that drained nearly 14.7 million SAND tokens, metaverse giant The Sandbox has pledged full 1:1 reimbursement for affected users across Base and BNB Chain using treasury funds.
The Sandbox Resolves Cross-Chain Bridge Exploitation Involving Base and BNB Chains
August 22, 2026
The Sandbox has contained a cross-chain bridge exploit that allowed unauthorized minting of unbacked SAND on Base and BSC, prompting South Korean exchanges to halt transfers.