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Spectral: Identified and fixed the vulnerabilities in the Syntax contract, and the audit will resume operation after completion.
DeepTechFlow news, Spectral released a post-attack analysis of Syntax platform on social media:
On December 1, 2024, Spectral's Syntax platform experienced a security vulnerability, and the following repair measures are being taken:
· Updated contract: Identified and fixed vulnerabilities in the binding curve contract to prevent future exploitation.
· Additional third-party audit: Zellic has been hired to audit the updates to the contract.
· Fund replenishment: SPEC Token is being replenished to restore the binding curve to the state before the vulnerability occurred.
Currently committed to restoring trust through these measures. After the audit is completed, operations will be quickly restored.
Earlier reports, on December 1st, Syntax platform encountered a security vulnerability.