No Result
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No Result
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No Result
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\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

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Follow The Distributed

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\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

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Follow The Distributed

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\n

The incident has caused the price of Sandbox's utility token, SAND, to drop 6% in the past 24 hours, according to CoinMaketCap, besides the other factors causing turmoil in the crypto space, like the uncertainty surrounding Silvergate<\/a>. The crypto-friendly bank faces a flight of some of its major clients, including Coinbase, Circle, and CryptoCom after announcing that it would delay releasing its 10-K filing amidst uncertainty in its financial health.<\/p>\n","post_title":"Sandbox Issues Security Alerts Involving Phishing Scam Emails","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-issues-security-alerts-involving-phishing-scam-emails","to_ping":"","pinged":"","post_modified":"2023-04-10 17:30:20","post_modified_gmt":"2023-04-10 07:30:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10212","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

The Impact On SAND<\/h2>\n\n\n\n

The incident has caused the price of Sandbox's utility token, SAND, to drop 6% in the past 24 hours, according to CoinMaketCap, besides the other factors causing turmoil in the crypto space, like the uncertainty surrounding Silvergate<\/a>. The crypto-friendly bank faces a flight of some of its major clients, including Coinbase, Circle, and CryptoCom after announcing that it would delay releasing its 10-K filing amidst uncertainty in its financial health.<\/p>\n","post_title":"Sandbox Issues Security Alerts Involving Phishing Scam Emails","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-issues-security-alerts-involving-phishing-scam-emails","to_ping":"","pinged":"","post_modified":"2023-04-10 17:30:20","post_modified_gmt":"2023-04-10 07:30:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10212","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related:<\/em><\/strong> Singapore Police Cautions Investors Against FTX Phishing Scams<\/a><\/p>\n\n\n\n

The Impact On SAND<\/h2>\n\n\n\n

The incident has caused the price of Sandbox's utility token, SAND, to drop 6% in the past 24 hours, according to CoinMaketCap, besides the other factors causing turmoil in the crypto space, like the uncertainty surrounding Silvergate<\/a>. The crypto-friendly bank faces a flight of some of its major clients, including Coinbase, Circle, and CryptoCom after announcing that it would delay releasing its 10-K filing amidst uncertainty in its financial health.<\/p>\n","post_title":"Sandbox Issues Security Alerts Involving Phishing Scam Emails","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-issues-security-alerts-involving-phishing-scam-emails","to_ping":"","pinged":"","post_modified":"2023-04-10 17:30:20","post_modified_gmt":"2023-04-10 07:30:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10212","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

Following the incident, the team said it had communicated to the targeted recipients, cautioning them not to open or download anything from the flagged email. They have also blocked the targeted machine, formatted its content, and reset all its passwords, pending further investigation into the situation. Sandbox has also urged users to use stronger passwords, not to click hyperlinks, install antivirus software on their computers, or consult an IT professional to protect their systems.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Singapore Police Cautions Investors Against FTX Phishing Scams<\/a><\/p>\n\n\n\n

The Impact On SAND<\/h2>\n\n\n\n

The incident has caused the price of Sandbox's utility token, SAND, to drop 6% in the past 24 hours, according to CoinMaketCap, besides the other factors causing turmoil in the crypto space, like the uncertainty surrounding Silvergate<\/a>. The crypto-friendly bank faces a flight of some of its major clients, including Coinbase, Circle, and CryptoCom after announcing that it would delay releasing its 10-K filing amidst uncertainty in its financial health.<\/p>\n","post_title":"Sandbox Issues Security Alerts Involving Phishing Scam Emails","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-issues-security-alerts-involving-phishing-scam-emails","to_ping":"","pinged":"","post_modified":"2023-04-10 17:30:20","post_modified_gmt":"2023-04-10 07:30:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10212","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Although the level of damage from the compromise is not yet confirmed, The Sandbox team noted that the unauthorized access was only limited to a single staff computer, which was accessed via a malware application. According to the announcement, the malicious actor did not manage to access any other services.<\/p>\n\n\n\n

Following the incident, the team said it had communicated to the targeted recipients, cautioning them not to open or download anything from the flagged email. They have also blocked the targeted machine, formatted its content, and reset all its passwords, pending further investigation into the situation. Sandbox has also urged users to use stronger passwords, not to click hyperlinks, install antivirus software on their computers, or consult an IT professional to protect their systems.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Singapore Police Cautions Investors Against FTX Phishing Scams<\/a><\/p>\n\n\n\n

The Impact On SAND<\/h2>\n\n\n\n

The incident has caused the price of Sandbox's utility token, SAND, to drop 6% in the past 24 hours, according to CoinMaketCap, besides the other factors causing turmoil in the crypto space, like the uncertainty surrounding Silvergate<\/a>. The crypto-friendly bank faces a flight of some of its major clients, including Coinbase, Circle, and CryptoCom after announcing that it would delay releasing its 10-K filing amidst uncertainty in its financial health.<\/p>\n","post_title":"Sandbox Issues Security Alerts Involving Phishing Scam Emails","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-issues-security-alerts-involving-phishing-scam-emails","to_ping":"","pinged":"","post_modified":"2023-04-10 17:30:20","post_modified_gmt":"2023-04-10 07:30:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10212","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The Breach Is Limited To A Single Computer<\/h2>\n\n\n\n

Although the level of damage from the compromise is not yet confirmed, The Sandbox team noted that the unauthorized access was only limited to a single staff computer, which was accessed via a malware application. According to the announcement, the malicious actor did not manage to access any other services.<\/p>\n\n\n\n

Following the incident, the team said it had communicated to the targeted recipients, cautioning them not to open or download anything from the flagged email. They have also blocked the targeted machine, formatted its content, and reset all its passwords, pending further investigation into the situation. Sandbox has also urged users to use stronger passwords, not to click hyperlinks, install antivirus software on their computers, or consult an IT professional to protect their systems.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Singapore Police Cautions Investors Against FTX Phishing Scams<\/a><\/p>\n\n\n\n

The Impact On SAND<\/h2>\n\n\n\n

The incident has caused the price of Sandbox's utility token, SAND, to drop 6% in the past 24 hours, according to CoinMaketCap, besides the other factors causing turmoil in the crypto space, like the uncertainty surrounding Silvergate<\/a>. The crypto-friendly bank faces a flight of some of its major clients, including Coinbase, Circle, and CryptoCom after announcing that it would delay releasing its 10-K filing amidst uncertainty in its financial health.<\/p>\n","post_title":"Sandbox Issues Security Alerts Involving Phishing Scam Emails","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-issues-security-alerts-involving-phishing-scam-emails","to_ping":"","pinged":"","post_modified":"2023-04-10 17:30:20","post_modified_gmt":"2023-04-10 07:30:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10212","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n\n\n\n

The Breach Is Limited To A Single Computer<\/h2>\n\n\n\n

Although the level of damage from the compromise is not yet confirmed, The Sandbox team noted that the unauthorized access was only limited to a single staff computer, which was accessed via a malware application. According to the announcement, the malicious actor did not manage to access any other services.<\/p>\n\n\n\n

Following the incident, the team said it had communicated to the targeted recipients, cautioning them not to open or download anything from the flagged email. They have also blocked the targeted machine, formatted its content, and reset all its passwords, pending further investigation into the situation. Sandbox has also urged users to use stronger passwords, not to click hyperlinks, install antivirus software on their computers, or consult an IT professional to protect their systems.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Singapore Police Cautions Investors Against FTX Phishing Scams<\/a><\/p>\n\n\n\n

The Impact On SAND<\/h2>\n\n\n\n

The incident has caused the price of Sandbox's utility token, SAND, to drop 6% in the past 24 hours, according to CoinMaketCap, besides the other factors causing turmoil in the crypto space, like the uncertainty surrounding Silvergate<\/a>. The crypto-friendly bank faces a flight of some of its major clients, including Coinbase, Circle, and CryptoCom after announcing that it would delay releasing its 10-K filing amidst uncertainty in its financial health.<\/p>\n","post_title":"Sandbox Issues Security Alerts Involving Phishing Scam Emails","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-issues-security-alerts-involving-phishing-scam-emails","to_ping":"","pinged":"","post_modified":"2023-04-10 17:30:20","post_modified_gmt":"2023-04-10 07:30:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10212","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The alleged email, titled 'The Sandbox Game (PURELAND) Access,'<\/strong><\/em> reportedly contains hyperlinks that can remotely install malware on the recipients' computers, collect personal data, or gain full control.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n\n\n\n

The Breach Is Limited To A Single Computer<\/h2>\n\n\n\n

Although the level of damage from the compromise is not yet confirmed, The Sandbox team noted that the unauthorized access was only limited to a single staff computer, which was accessed via a malware application. According to the announcement, the malicious actor did not manage to access any other services.<\/p>\n\n\n\n

Following the incident, the team said it had communicated to the targeted recipients, cautioning them not to open or download anything from the flagged email. They have also blocked the targeted machine, formatted its content, and reset all its passwords, pending further investigation into the situation. Sandbox has also urged users to use stronger passwords, not to click hyperlinks, install antivirus software on their computers, or consult an IT professional to protect their systems.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Singapore Police Cautions Investors Against FTX Phishing Scams<\/a><\/p>\n\n\n\n

The Impact On SAND<\/h2>\n\n\n\n

The incident has caused the price of Sandbox's utility token, SAND, to drop 6% in the past 24 hours, according to CoinMaketCap, besides the other factors causing turmoil in the crypto space, like the uncertainty surrounding Silvergate<\/a>. The crypto-friendly bank faces a flight of some of its major clients, including Coinbase, Circle, and CryptoCom after announcing that it would delay releasing its 10-K filing amidst uncertainty in its financial health.<\/p>\n","post_title":"Sandbox Issues Security Alerts Involving Phishing Scam Emails","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-issues-security-alerts-involving-phishing-scam-emails","to_ping":"","pinged":"","post_modified":"2023-04-10 17:30:20","post_modified_gmt":"2023-04-10 07:30:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10212","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\"On Feb. 6, we became aware that an unauthorized third party had gained access to the computer of an employee of The Sandbox. This enabled (them) to access several email addresses to which it then sent an email falsely claiming to be from The Sandbox,\"<\/em> the firm said.<\/p>\n\n\n\n

The alleged email, titled 'The Sandbox Game (PURELAND) Access,'<\/strong><\/em> reportedly contains hyperlinks that can remotely install malware on the recipients' computers, collect personal data, or gain full control.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n\n\n\n

The Breach Is Limited To A Single Computer<\/h2>\n\n\n\n

Although the level of damage from the compromise is not yet confirmed, The Sandbox team noted that the unauthorized access was only limited to a single staff computer, which was accessed via a malware application. According to the announcement, the malicious actor did not manage to access any other services.<\/p>\n\n\n\n

Following the incident, the team said it had communicated to the targeted recipients, cautioning them not to open or download anything from the flagged email. They have also blocked the targeted machine, formatted its content, and reset all its passwords, pending further investigation into the situation. Sandbox has also urged users to use stronger passwords, not to click hyperlinks, install antivirus software on their computers, or consult an IT professional to protect their systems.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Singapore Police Cautions Investors Against FTX Phishing Scams<\/a><\/p>\n\n\n\n

The Impact On SAND<\/h2>\n\n\n\n

The incident has caused the price of Sandbox's utility token, SAND, to drop 6% in the past 24 hours, according to CoinMaketCap, besides the other factors causing turmoil in the crypto space, like the uncertainty surrounding Silvergate<\/a>. The crypto-friendly bank faces a flight of some of its major clients, including Coinbase, Circle, and CryptoCom after announcing that it would delay releasing its 10-K filing amidst uncertainty in its financial health.<\/p>\n","post_title":"Sandbox Issues Security Alerts Involving Phishing Scam Emails","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-issues-security-alerts-involving-phishing-scam-emails","to_ping":"","pinged":"","post_modified":"2023-04-10 17:30:20","post_modified_gmt":"2023-04-10 07:30:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10212","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

NFT<\/a> gaming platform, The Sandbox, cautioned<\/a> its users Thursday that its systems were compromised in a security incident involving emails with malware circulated to users. Unauthorized third party reportedly accessed one of the company's computers and started circulating emails purported to be from The Sandbox.<\/p>\n\n\n\n

\"On Feb. 6, we became aware that an unauthorized third party had gained access to the computer of an employee of The Sandbox. This enabled (them) to access several email addresses to which it then sent an email falsely claiming to be from The Sandbox,\"<\/em> the firm said.<\/p>\n\n\n\n

The alleged email, titled 'The Sandbox Game (PURELAND) Access,'<\/strong><\/em> reportedly contains hyperlinks that can remotely install malware on the recipients' computers, collect personal data, or gain full control.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n\n\n\n

The Breach Is Limited To A Single Computer<\/h2>\n\n\n\n

Although the level of damage from the compromise is not yet confirmed, The Sandbox team noted that the unauthorized access was only limited to a single staff computer, which was accessed via a malware application. According to the announcement, the malicious actor did not manage to access any other services.<\/p>\n\n\n\n

Following the incident, the team said it had communicated to the targeted recipients, cautioning them not to open or download anything from the flagged email. They have also blocked the targeted machine, formatted its content, and reset all its passwords, pending further investigation into the situation. Sandbox has also urged users to use stronger passwords, not to click hyperlinks, install antivirus software on their computers, or consult an IT professional to protect their systems.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Singapore Police Cautions Investors Against FTX Phishing Scams<\/a><\/p>\n\n\n\n

The Impact On SAND<\/h2>\n\n\n\n

The incident has caused the price of Sandbox's utility token, SAND, to drop 6% in the past 24 hours, according to CoinMaketCap, besides the other factors causing turmoil in the crypto space, like the uncertainty surrounding Silvergate<\/a>. The crypto-friendly bank faces a flight of some of its major clients, including Coinbase, Circle, and CryptoCom after announcing that it would delay releasing its 10-K filing amidst uncertainty in its financial health.<\/p>\n","post_title":"Sandbox Issues Security Alerts Involving Phishing Scam Emails","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-issues-security-alerts-involving-phishing-scam-emails","to_ping":"","pinged":"","post_modified":"2023-04-10 17:30:20","post_modified_gmt":"2023-04-10 07:30:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10212","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
  • The Sandbox team claims the hacker did not access the organization's other services.<\/li>\n<\/ul>\n\n\n\n

    NFT<\/a> gaming platform, The Sandbox, cautioned<\/a> its users Thursday that its systems were compromised in a security incident involving emails with malware circulated to users. Unauthorized third party reportedly accessed one of the company's computers and started circulating emails purported to be from The Sandbox.<\/p>\n\n\n\n

    \"On Feb. 6, we became aware that an unauthorized third party had gained access to the computer of an employee of The Sandbox. This enabled (them) to access several email addresses to which it then sent an email falsely claiming to be from The Sandbox,\"<\/em> the firm said.<\/p>\n\n\n\n

    The alleged email, titled 'The Sandbox Game (PURELAND) Access,'<\/strong><\/em> reportedly contains hyperlinks that can remotely install malware on the recipients' computers, collect personal data, or gain full control.<\/p>\n\n\n\n

    See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n\n\n\n

    The Breach Is Limited To A Single Computer<\/h2>\n\n\n\n

    Although the level of damage from the compromise is not yet confirmed, The Sandbox team noted that the unauthorized access was only limited to a single staff computer, which was accessed via a malware application. According to the announcement, the malicious actor did not manage to access any other services.<\/p>\n\n\n\n

    Following the incident, the team said it had communicated to the targeted recipients, cautioning them not to open or download anything from the flagged email. They have also blocked the targeted machine, formatted its content, and reset all its passwords, pending further investigation into the situation. Sandbox has also urged users to use stronger passwords, not to click hyperlinks, install antivirus software on their computers, or consult an IT professional to protect their systems.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Singapore Police Cautions Investors Against FTX Phishing Scams<\/a><\/p>\n\n\n\n

    The Impact On SAND<\/h2>\n\n\n\n

    The incident has caused the price of Sandbox's utility token, SAND, to drop 6% in the past 24 hours, according to CoinMaketCap, besides the other factors causing turmoil in the crypto space, like the uncertainty surrounding Silvergate<\/a>. The crypto-friendly bank faces a flight of some of its major clients, including Coinbase, Circle, and CryptoCom after announcing that it would delay releasing its 10-K filing amidst uncertainty in its financial health.<\/p>\n","post_title":"Sandbox Issues Security Alerts Involving Phishing Scam Emails","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-issues-security-alerts-involving-phishing-scam-emails","to_ping":"","pinged":"","post_modified":"2023-04-10 17:30:20","post_modified_gmt":"2023-04-10 07:30:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10212","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

    The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

    The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

    Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

    Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

    Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

    \"Sandbox<\/figure>\n\n\n\n

    The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
  • SAND has declined 6% following the incident.<\/li>\n\n\n\n
  • The Sandbox team claims the hacker did not access the organization's other services.<\/li>\n<\/ul>\n\n\n\n

    NFT<\/a> gaming platform, The Sandbox, cautioned<\/a> its users Thursday that its systems were compromised in a security incident involving emails with malware circulated to users. Unauthorized third party reportedly accessed one of the company's computers and started circulating emails purported to be from The Sandbox.<\/p>\n\n\n\n

    \"On Feb. 6, we became aware that an unauthorized third party had gained access to the computer of an employee of The Sandbox. This enabled (them) to access several email addresses to which it then sent an email falsely claiming to be from The Sandbox,\"<\/em> the firm said.<\/p>\n\n\n\n

    The alleged email, titled 'The Sandbox Game (PURELAND) Access,'<\/strong><\/em> reportedly contains hyperlinks that can remotely install malware on the recipients' computers, collect personal data, or gain full control.<\/p>\n\n\n\n

    See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n\n\n\n

    The Breach Is Limited To A Single Computer<\/h2>\n\n\n\n

    Although the level of damage from the compromise is not yet confirmed, The Sandbox team noted that the unauthorized access was only limited to a single staff computer, which was accessed via a malware application. According to the announcement, the malicious actor did not manage to access any other services.<\/p>\n\n\n\n

    Following the incident, the team said it had communicated to the targeted recipients, cautioning them not to open or download anything from the flagged email. They have also blocked the targeted machine, formatted its content, and reset all its passwords, pending further investigation into the situation. Sandbox has also urged users to use stronger passwords, not to click hyperlinks, install antivirus software on their computers, or consult an IT professional to protect their systems.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Singapore Police Cautions Investors Against FTX Phishing Scams<\/a><\/p>\n\n\n\n

    The Impact On SAND<\/h2>\n\n\n\n

    The incident has caused the price of Sandbox's utility token, SAND, to drop 6% in the past 24 hours, according to CoinMaketCap, besides the other factors causing turmoil in the crypto space, like the uncertainty surrounding Silvergate<\/a>. The crypto-friendly bank faces a flight of some of its major clients, including Coinbase, Circle, and CryptoCom after announcing that it would delay releasing its 10-K filing amidst uncertainty in its financial health.<\/p>\n","post_title":"Sandbox Issues Security Alerts Involving Phishing Scam Emails","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-issues-security-alerts-involving-phishing-scam-emails","to_ping":"","pinged":"","post_modified":"2023-04-10 17:30:20","post_modified_gmt":"2023-04-10 07:30:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10212","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

    The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

    The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

    Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

    Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

    Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

    \"Sandbox<\/figure>\n\n\n\n

    The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
      \n
    • SAND has declined 6% following the incident.<\/li>\n\n\n\n
    • The Sandbox team claims the hacker did not access the organization's other services.<\/li>\n<\/ul>\n\n\n\n

      NFT<\/a> gaming platform, The Sandbox, cautioned<\/a> its users Thursday that its systems were compromised in a security incident involving emails with malware circulated to users. Unauthorized third party reportedly accessed one of the company's computers and started circulating emails purported to be from The Sandbox.<\/p>\n\n\n\n

      \"On Feb. 6, we became aware that an unauthorized third party had gained access to the computer of an employee of The Sandbox. This enabled (them) to access several email addresses to which it then sent an email falsely claiming to be from The Sandbox,\"<\/em> the firm said.<\/p>\n\n\n\n

      The alleged email, titled 'The Sandbox Game (PURELAND) Access,'<\/strong><\/em> reportedly contains hyperlinks that can remotely install malware on the recipients' computers, collect personal data, or gain full control.<\/p>\n\n\n\n

      See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n\n\n\n

      The Breach Is Limited To A Single Computer<\/h2>\n\n\n\n

      Although the level of damage from the compromise is not yet confirmed, The Sandbox team noted that the unauthorized access was only limited to a single staff computer, which was accessed via a malware application. According to the announcement, the malicious actor did not manage to access any other services.<\/p>\n\n\n\n

      Following the incident, the team said it had communicated to the targeted recipients, cautioning them not to open or download anything from the flagged email. They have also blocked the targeted machine, formatted its content, and reset all its passwords, pending further investigation into the situation. Sandbox has also urged users to use stronger passwords, not to click hyperlinks, install antivirus software on their computers, or consult an IT professional to protect their systems.<\/p>\n\n\n\n

      See Related:<\/em><\/strong> Singapore Police Cautions Investors Against FTX Phishing Scams<\/a><\/p>\n\n\n\n

      The Impact On SAND<\/h2>\n\n\n\n

      The incident has caused the price of Sandbox's utility token, SAND, to drop 6% in the past 24 hours, according to CoinMaketCap, besides the other factors causing turmoil in the crypto space, like the uncertainty surrounding Silvergate<\/a>. The crypto-friendly bank faces a flight of some of its major clients, including Coinbase, Circle, and CryptoCom after announcing that it would delay releasing its 10-K filing amidst uncertainty in its financial health.<\/p>\n","post_title":"Sandbox Issues Security Alerts Involving Phishing Scam Emails","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-issues-security-alerts-involving-phishing-scam-emails","to_ping":"","pinged":"","post_modified":"2023-04-10 17:30:20","post_modified_gmt":"2023-04-10 07:30:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10212","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

      The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

      The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

      Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

      Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

      Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

      \"Sandbox<\/figure>\n\n\n\n

      The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

      Conclusion<\/h2>\n\n\n\n

      The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

      Most Read

      Subscribe To Our Newsletter

      By subscribing, you agree with our privacy and terms.

      Follow The Distributed

      Twitter Instagram Youtube LinkedIn Facebook RSS
      ADVERTISEMENT

      SAND

      Most Read

      Subscribe To Our Newsletter

      By subscribing, you agree with our privacy and terms.

      Follow The Distributed

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