BlockBeats News, December 3rd, Spectral released a post-incident analysis on social media regarding the attack on the Syntax platform. On December 1, 2024, Spectral's Syntax platform experienced a security vulnerability, and the following remediation measures are being taken:
· Contract Updates: Vulnerabilities in the bonding curve contract have been identified and fixed to prevent future exploitation.· Additional Third-Party Audit: Zellic has been hired to audit the updates to the contract.· Fund Replenishment: SPEC tokens are being replenished to restore the bonding curve to its state before the vulnerability occurred.
Currently committed to restoring trust through these measures. Operations will resume promptly after the audit is completed.