{"id":649514,"date":"2026-08-28T05:52:51","date_gmt":"2026-08-28T05:52:51","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/08\/28\/the-sandbox-pledges-11-repayment-after-700k-bridge-exploit\/"},"modified":"2026-08-28T05:52:51","modified_gmt":"2026-08-28T05:52:51","slug":"the-sandbox-pledges-11-repayment-after-700k-bridge-exploit","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/08\/28\/the-sandbox-pledges-11-repayment-after-700k-bridge-exploit\/","title":{"rendered":"The Sandbox pledges 1:1 repayment after $700K bridge exploit"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/sand-refund.png\" alt=\"The Sandbox pledges 1:1 repayment after $700K bridge exploit\" class=\"type:primaryImage\" \/><\/p>\n<p>Eligible holders on Base and BNB Chain will receive Ethereum-based SAND from the project\u2019s treasury, with claims expected to open within two weeks.<\/p>\n<p>Blockchain gaming platform The Sandbox has pledged to repay eligible SAND holders 1:1 after an Aug. 21 bridge exploit drained 14.744 SAND, worth about $700,000, from an Ethereum vault.\u00a0<\/p>\n<p>On Thursday, the company <a href=\"https:\/\/x.com\/TheSandboxGame\/status\/2092905959723045174\" rel=\"noopener noreferrer\" target=\"_blank\">published<\/a> a post-mortem, saying users who legitimately held bridged SAND on Base or BNB Smart Chain before the attack will receive an equal amount of Ethereum-based SAND. Compensation will come from The Sandbox treasury, with no new tokens minted.\u00a0<\/p>\n<p>The claims process is expected to open within two weeks and remain open for another two weeks. Two centralized exchanges hold more than 72% of eligible balances and will distribute compensation directly to their affected customers, according to The Sandbox.\u00a0<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/the-sandbox-compensation-sand-bridge-exploit\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Eligible holders on Base and BNB Chain will receive Ethereum-based SAND from the project\u2019s treasury, with claims expected to open within two weeks. Blockchain gaming platform The Sandbox has pledged to repay eligible SAND holders 1:1 after an Aug. 21 bridge exploit drained 14.744 SAND, worth about $700,000, from an Ethereum vault.\u00a0 On Thursday, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":649515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-649514","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/649514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=649514"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/649514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/649515"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=649514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=649514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=649514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}