Lookonchain APP

App Store

SAND is suspected to have suffered an infinite minting vulnerability, with attackers having minted over 500 million tokens.

2026.08.22 10:15:15

According to market sources, The Sandbox’s native token SAND on the Base network is suspected to have a critical security vulnerability, with attackers gaining minting privileges to arbitrarily mint additional SAND. On-chain data indicates that more than 500 million SAND have been minted in this incident, and the attack is still ongoing. The market is concerned that the massive new supply could impact SAND’s price. To date, The Sandbox’s official has not issued an official statement on the incident; the root cause of the vulnerability, the source of the attacker’s permissions, and the destination of the newly minted tokens remain unconfirmed. The so-called "Infinite Mint Attack" typically arises from flaws in smart contract permission control or minting logic vulnerabilities, allowing attackers to bypass restrictions to generate large volumes of tokens, resulting in supply out-of-control and market value dilution.

Relevant content

Analysts: BTC transfers from retail investors to Binance hit a 6-month high, with whale transfers declining.

CryptoQuant analyst Darkfost stated in a post that as Bitcoin prices have stayed above $80,000 for several consecutive weeks, a clear divergence has emerged in trading platform fund flows between retail investors and whales. Retail investors’ Bitcoin inflows into Binance have continued to climb, with the cumulative amount over the past 30 days surging from $5.5 billion to $10.75 billion — nearly doubling and hitting a 6-month high. In contrast, whales’ Bitcoin inflows into Binance have kept declining. Over the past two months, whales’ Bitcoin inflows dropped from $5.9 billion at the end of August to the current $3.8 billion, marking a sustained downward trend with no obvious signs of concentrated inflows so far. The analysis notes that after a year-long slump, retail investors may be treating the recent price rebound as an opportunity to reduce positions and exit, aiming to ease the holding pressure accumulated earlier. By comparison, whales remain cautious currently, showing no willingness to transfer large volumes of Bitcoin to exchanges at current price levels. Going forward, it will be critical to watch whether whales will adjust their strategy if Bitcoin prices continue to rise.

1 seconds ago

Brazilian President Lula wins re-election.

According to the vote count results released by Brazil's Superior Electoral Court on the evening of the 25th, Lula, the Workers' Party's presidential candidate and incumbent president, won the second round of Brazil's 2026 presidential election, securing re-election. (Xinhua News Agency)

1 seconds ago

The on-chain market cap of tokenized stocks issued by xStocks has reached $1 billion, surging 802.5% over the past year.

According to data from Token Terminal, the on-chain market capitalization of tokenized stocks issued by xStocks has reached $1 billion, surging 802.5% over the past year. Solana leads with an on-chain market cap of $523.1 million, followed by X Layer ($304.1 million) and Ethereum ($165.1 million). These assets are distributed across 9 blockchains.

1 seconds ago

South Korea's KOSPI Index opened 0.65% lower.

Per Bitget market data, South Korea’s KOSPI index opened 35.95 points lower on Monday, October 26, down 0.65% to 5514.35 points.

1 seconds ago

Bitcoin once again falls below the $80,000 mark.

According to HTX market data, Bitcoin once again fell below the $80,000 mark, with a 0.75% decline in the past 24 hours.

1 seconds ago

Altcoins extend their downtrend, with COMP falling over 11% in 24 hours.

According to HTX market data, as Bitcoin once again fell below $80,000, altcoins extended their decline. Specifically: BMT dropped 15.1% over 24 hours, trading at $0.03226; COMP fell 11.49% in 24 hours, now at $21.02; SAHARA declined 9.27% over 24 hours, priced at $0.00773; KERNEL dropped 8.9% in 24 hours, currently trading at $0.0471.

1 seconds ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano