The Sandbox, the blockchain-based metaverse and gaming platform, faced a significant security incident involving its cross-chain bridging infrastructure. The vulnerability allowed an unauthorized party to generate large volumes of SAND tokens without proper collateral on the Base and BNB Smart Chain networks. Security researchers first detected unusual activity around August 21–22, 2026. Firms such as Blockaid and PeckShield reported that an attacker had compromised permissions tied to the proje

New York, NY, United States, July 23rd, 2026, ChainwireQ2 Ecosystem Report highlights institutional partnerships, ecosystem g...

BounceBit, a Bitcoin restaking and yield platform, has announced the permanent closure of its independent Layer 1 blockchain. The decision follows a security incident in which an attacker exploited a protocol-level authorization vulnerability, transferring roughly 286.5 million BB tokens—valued at around $3 million at the time—from nine mainnet accounts. The unauthorized activity took place between 21:02 UTC on August 19 and 01:54 UTC on August 20, 2026. Across 14 transactions spanning nearly fi