Spectral Addresses Security Breach in Syntax Platform

According to Foresight News, Spectral, the on-chain proxy machine intelligence network, has released a post-incident analysis regarding a security breach on its Syntax platform. The incident occurred on December 1, 2024, and involved a vulnerability in the bonding curve contract. The Spectral team has identified and rectified the issue to prevent future exploitation. In response to the breach, Spectral has engaged Zellic to conduct an audit of the updated contracts. This step is part of their efforts to ensure the security and integrity of the platform moving forward. Additionally, the team is replenishing SPEC tokens to restore the bonding curve to its state prior to the incident. Operations on the platform will resume once the audit is completed, ensuring that all necessary security measures are in place.