Sandbox Hack Sees Nearly $49 Billion Worth of SAND Minted in Exploit

The Sandbox hack raised a lot of security issues due to a hack of the SAND cross-chain OFT contract by The Sandbox on the Base blockchain, giving attackers the ability to mint tokens infinitely without any collateral at all. According to the information on the blockchain, the hack had been ongoing, with over 400 transactions creating nearly $49 billion in tokens. Still, the number is related to…