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

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

Contract Update: Vulnerabilities in the binding 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.

Funding Supplement: SPEC tokens are being supplemented to restore the binding curve to its state prior to the vulnerability.

Currently committed to restoring trust through these measures. Operations will be quickly resumed after the audit is completed."

Previously reported, on December 1, the Syntax platform encountered a security vulnerability.