The Sandbox Cross Chain Bridge is Under Attack to Issue SAND, Coinbase Will Take Down SAND Futures

According to Bitcoin.com News, The Sandbox's cross chain bridge has a vulnerability where attackers have issued 14.9 billion unsecured SANDs on Base and BNB Smart Chain. The Sandbox has disabled relevant network bridging functions and stated that assets on Ethereum and Polygon are not affected. Coinbase plans to delist the SAND perpetual futures contract on August 26th, and open positions will be automatically settled.