Spectral published a post-mortem analysis of a recent security incident on X: On December 1, 2024, Spectral's Syntax platform suffered a security vulnerability. The following are the repair measures being taken:
- Updated contracts: Vulnerabilities in the bonding curve contract have been identified and fixed to prevent such incidents from happening again in the future;
- Additional third-party audits: Zellic has been hired to audit the contract updates;
- Funding replenishment: SPEC tokens are being replenished to restore the bonding curve to the state before the security incident.
The team is currently committed to restoring trust through these measures and will resume operations quickly after the audit is completed.