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Sandbox Hack Minted 14.9B SAND Yet Damage Was Just $675K

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#Shorts The Web3 gaming network The Sandbox has halted SAND token bridging on Base and BNB Smart Chain after a cross-chain bridge exploit on 22/08/2026. This video breaks down why attackers were able to mint 14.9 billion SAND tokens, roughly five times the 3 billion maximum supply, while the actual economic damage stayed far smaller. You will learn how LayerZero delegate permissions were hijacked through the approveAndCall function, why Blockaid's 49 billion dollar face value figure is not real extractable value, and what the compensation snapshot means for affected liquidity providers. The video also covers why South Korean exchanges Upbit and Bithumb paused SAND deposits and withdrawals, and what SAND holders on Ethereum, Polygon, Base and BNB Smart Chain should do today, 23/08/2026. • How the Sandbox cross-chain bridge vulnerability was discovered and contained on 22/08/2026 • Why 14…

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Analysis last updated August 25, 2026 · Read the methodology
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#Shorts The Web3 gaming network The Sandbox has halted SAND token bridging on Base and BNB Smart Chain after a cross-chain bridge exploit on 22/08/2026. This video breaks down why attackers were able to mint 14.9 billion SAND tokens, roughly five times the 3 billion maximum supply, while the actual economic damage stayed far smaller. You will learn how LayerZero delegate permissions were hijacked through the approveAndCall function, why Blockaid's 49 billion dollar face value figure is not real extractable value, and what the compensation snapshot means for affected liquidity providers. The video also covers why South Korean exchanges Upbit and Bithumb paused SAND deposits and withdrawals, and what SAND holders on Ethereum, Polygon, Base and BNB Smart Chain should do today, 23/08/2026. • How the Sandbox cross-chain bridge vulnerability was discovered and contained on 22/08/2026 • Why 14.9 billion SAND was minted across two attacker addresses on Base and BNB Smart Chain • The difference between 49 billion dollars in face value and roughly 675,000 dollars in real damage • Why Upbit and Bithumb halted SAND deposits and withdrawals under user protection rules • What the pre-incident snapshot means for liquidity provider compensation • Why SAND on Ethereum and Polygon remains unaffected by the exploit • The wider lesson for cross-chain bridge security and omnichain token permissions Watch until the end to understand why this exploit created enormous notional supply but only a small real loss, and