The Sandbox will reimburse eligible SAND holders at a 1:1 ratio after a cross-chain bridge exploit on Aug. 21 drained roughly 14.7 million SAND (about $700,000) from its Ethereum treasury. An Aug. 27 post-mortem says users who legitimately hold bridged tokens will be compensated. (Crypto.news)
The Sandbox has committed to compensating eligible SAND holders on a 1:1 basis after a cross-chain bridge exploit on Aug. 21 drained an estimated 14.7 million SAND, worth about $700,000, from the project's Ethereum treasury.
In an Aug. 27 post-mortem, The Sandbox said users who legitimately hold bridged tokens will be reimbursed. The news was reported by Crypto.news.
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