The Sandbox is facing a suspected token-mint exploit on Base after an unauthorized address gained minting privileges and created billions of SAND far beyond the token’s normal supply. The min
The Sandbox is facing a suspected token-mint exploit on Base after an unauthorized address gained minting privileges and created billions of SAND far beyond the token’s normal supply.
The mint expanded rapidly during early trading on August 22. Initial onchain tracking captured more than 500 million newly created tokens before PeckShield identified 14.9 billion SAND minted across two addresses, 0xAbE0...4D22 and 0x638C...F296.
SAND normally has a total supply of 3 billion tokens, making the newly minted Base-side balance almost five times larger than the established supply. The activity was detected on the Base deployment of SAND rather than the Ethereum mainnet token.
The exploit path centers on unauthorized minting permissions. An address beginning 0x6762...257e gained authority over the Base SAND contract and began creating tokens without the normal supply constraint.
The exact path used to obtain that authority has not been published. The newly created tokens also need to reach usable liquidity or bridge infrastructure before their nominal value can translate into a corresponding market loss.
SAND was trading near $0.047 at the latest check, up roughly 12% over 24 hours despite the abnormal minting activity. At that market price, 14.9 billion tokens would carry a nominal value near $700 million, although that figure does not represent confirmed stolen funds or realizable liquidity.
The event closely follows the Harmony exploit that created roughly 4 billion ONE without authorization. Harmony moved to coordinate exchange freezes while developers prepared a patch and considered a rollback after much of the new supply moved toward centralized exchanges.
The Sandbox becomes the latest project dealing with compromised token-supply controls this summer.
WEMIX suffered a separate contract ownership breach that enabled 5.23 million WEMIX$ to be minted, with the newly created assets subsequently moved across multiple networks.
The mechanics differ across the three cases, but each placed control of token issuance directly at the center of the attack. In The Sandbox case, the immediate focus is the Base contract and whether the unauthorized supply can move into bridges, decentralized exchanges or other venues with usable liquidity.
The two addresses identified in the latest tracing held a combined 14.9 billion newly minted SAND as the Base contract activity continued to be investigated.
The post The Sandbox SAND Contract On Base Hit By Suspected Infinite Mint Exploit appeared first on Crypto Adventure.
