On August 22, 2026, a significant security vulnerability was detected in SAND, the native cryptocurrency of The Sandbox on the Base network. It is suspected that attackers have obtained permissions to mint tokens, enabling them to issue additional tokens at will. To date, the attacker has already minted more than 500 million SAND tokens, and the attack is still in progress. The market is worried that this incident may adversely affect SAND token prices, but the official team has yet to issue a response. The root cause of the vulnerability, the origin of the attacker's permissions, and the current whereabouts of the newly minted tokens all require further investigation and confirmation. Such 'infinite token-minting vulnerabilities' are usually triggered by flaws in smart contract permission control or minting logic, which could potentially result in an uncontrolled increase in token supply and a consequent dilution of market value.
