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The Sandbox stories

Aug 30, 2026

Sandbox bridge exploit drains $675,000 after attackers mint 329 trillion phantom SAND tokens

A bridge configuration flaw on Base and BNB Smart Chain allowed attackers to hijack LayerZero delegate permissions, mint trillions of phantom SAND tokens, and drain approximately $675,000 from the Ethereum vault.

Aug 30, 2026·1 source
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Aug 22, 2026

The Sandbox halts operations after bridge exploit mints unbacked tokens

The Sandbox contained a vulnerability in its SAND cross-chain bridge on Base and BNB Smart Chain after an attacker minted approximately 500 million unbacked tokens. The project stated the impact was under $1 million, though the full extent of damage remains unclear.

Aug 22, 2026·4 sources
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Top claims

  • ▪LayerZero's ZRO token fell to approximately $302 million in market capitalization from an all-time high near $7.47 following the series of exploits.
  • ▪During the August 2026 exploit of The Sandbox, an arbitrage bot disrupted the attacker's plan, leaving the attacker with 14,095,483.66 SAND instead of the intended 14,743,364.21 SAND.
  • ▪Korean exchanges Upbit and Bithumb suspended SAND deposits and withdrawals on August 22, 2026, citing South Korea's Virtual Asset User Protection Act.

Topics

Smart contractsBlockchain interoperabilityDeFiAccess control failureMetaverse tokensCrypto hacksBridge & cross-chain exploitsLayer 2sGameFiDeFi securityCrypto securityCryptocurrencies

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