Spectral: Identified and fixed vulnerabilities in the Syntax contract, operations will resume after the audit is completed.

Deep Tide TechFlow news, Spectral released a post-analysis of the attack on the Syntax platform on social media:

On December 1, 2024, a security vulnerability occurred on Spectral's Syntax platform. The following are the corrective measures being taken:

· Contract Update: Identified and fixed vulnerabilities in the bonding curve contract to prevent future exploitation.

· Additional Third-Party Audit: Zellic has been hired to audit the updates to the contract.

· Funding Supplement: Currently supplementing SPEC tokens to restore the bonding curve to its state before the vulnerability occurred.

Currently committed to restoring trust through these measures. Operations will promptly resume after the audit is completed.

According to previous news, on December 1, the Syntax platform encountered a security vulnerability.