Spectral Identifies Vulnerability in Syntax Bonding Curve Contract

According to Foresight News, the on-chain proxy machine intelligence network, Spectral, has reported a vulnerability affecting the Syntax bonding curve contract for specific tokens. This issue has resulted in the removal of approximately $200,000 in liquidity. In response, the Spectral team has temporarily disabled access to the Syntax application and paused the smart contract to prevent further interactions. The Spectral team is actively collaborating with security experts to identify the root cause of the problem and develop a solution to restore normal operations on the platform as soon as possible. This proactive approach aims to ensure the security and integrity of the network while minimizing the impact on users. The team is committed to resolving the issue swiftly and efficiently, prioritizing the safety of the platform's assets and users.