PANews reported on December 1 that the machine intelligence network Spectral announced on the X platform that it had received an alert that some tokens on the bonding curve contract of Syntax had vulnerabilities, resulting in a loss of about $200,000 in liquidity. After discovering the problem, it immediately took measures to protect the platform security and protect users, as follows:
- Temporarily disable access to the Syntax app.
- The contract has been suspended to prevent any further programmatic interaction.
Currently, Spectral is working with industry security experts to conduct a thorough analysis of the vulnerability, identify the root cause, and implement updates to restore the platform as soon as possible. The Syntax team stated that these measures are the most effective way to protect the interests of the community and promised to provide detailed follow-up updates in a timely manner.
