Global Edition
Global Edition
UK Edition
EU Edition
US Edition

Understand the story, not the spin.

Markets

The Sandbox to Reimburse SAND Holders After Bridge Exploit

Published 28 August 2026

The Sandbox, a major decentralized gaming platform, has announced it will fully reimburse users who lost SAND tokens in a security breach on August 21, 2026. The company confirmed it will provide Ethereum-based SAND on a one-to-one basis to all eligible holders who had legitimate claims on the Base and BNB Chain networks at the time of the incident. The exploit targeted the platform's cross-chain bridge infrastructure, resulting in the theft of approximately 14.7 million SAND tokens, valued at roughly $700,000 at the time. According to a postmortem report published by The Sandbox on August 27, the attacker exploited a configuration flaw in the bridge contracts on Base and BNB Smart Chain.

0:00 / 0:00