According to TechFlow, on December 1, 2024, a security vulnerability occurred in Spectral's Syntax platform.
Spectral said it has updated the contract to fix the vulnerability in the bonding curve contract and hired Zellic to conduct a third-party audit.
Additionally, Spectral is replenishing SPEC tokens to restore the bonding curve to the state it was in before the vulnerability. Operations will resume quickly after the audit is completed.