TechFlow reports that on December 1, according to Spectral's official statement, certain tokens on its newly launched Syntax platform were found to have security vulnerabilities during trading, which could result in approximately $200,000 worth of liquidity being removed. In response to this issue, the Spectral team has swiftly taken measures to ensure platform and user safety, including:
1. Temporarily disabling access to the Syntax application;
2. Suspending all smart contracts to prevent further interactions.
Currently, the Spectral team is collaborating with top industry security experts to identify the root cause and develop a remediation plan to restore normal platform operations as soon as possible. The Syntax team stated that these actions are the most effective way to protect community interests and committed to providing timely detailed updates.
