SAND jumps 62.5% after Upbit, Bithumb and Coinone lift trading warnings, restoring deposits and withdrawals six weeks after the bridge exploit.
- The Sandbox (SAND) token experienced a significant price surge of 62.5% after major South Korean exchanges (Upbit, Bithumb, Coinone) lifted trading warnings that were placed due to a previous bridge exploit.
- The removal of these warnings restored deposit and withdrawal functionalities for Korean holders, leading to a substantial increase in trading volume and open interest.
- Despite the price recovery, the underlying issues with the cross-chain bridge on Base and BNB Smart Chain remain, and the Sandbox project continues to advise caution on those networks.
Topics: Asset types, Blockchain usage, Scalability, Alternative assets, Layer 2 scaling, Market depth liquidity
Tags: #sandbox #sand #upbit #bithumb #coinone #bridgeexploit #tradingwarning #depositsandwithdrawals #koreanexchanges #virtualworld
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