Foresight News reports that Spectral, the on-chain proxy machine intelligence network, has provided an in-depth post-incident analysis following a security breach on its Syntax platform. This incident, which took place on December 1, 2024, was linked to a vulnerability found in the bonding curve contract.
The dedicated Spectral team has successfully identified and resolved the issue, taking proactive measures to prevent any future exploitation. In light of the breach, Spectral is collaborating with Zellic for an extensive audit of the updated contracts. This auditing process is a crucial aspect of their commitment to maintaining the security and integrity of the platform as it progresses.
Furthermore, the team is in the process of replenishing SPEC tokens, aiming to restore the bonding curve to its original state prior to the incident. Operations on the Syntax platform are expected to resume after the completion of the audit, ensuring that all essential security protocols are effectively implemented..