Cosmos Recovers 1.23M Stolen ATOM, Awaits Governance Vote
The emergency patch stopped further movement from one attacker-linked address, but custody is not compensation: six multisig signers require a public mandate before distribution.
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The emergency patch stopped further movement from one attacker-linked address, but custody is not compensation: six multisig signers require a public mandate before distribution.
The recovery exposed a timing gap: 168,990.9 ATOM arrived after the sweep, then moved through Osmosis and was sold for about 266,841 USDC.
More than 50 Cosmos-linked chains depend on Noble as their canonical USDC rail. Holders trapped in liquidity pools at the Jan. 12 snapshot lose eligibility for Circle's manual backstop.
A researcher flagged the integer-underflow flaw on April 25 under Cosmos Labs' bounty program, but testers ruled live chains safe, a patch shipped silent, and within 20 hours of a public code change…
Four-month triage miss is the bigger story. Cosmos Labs assumed 18-decimal chains were safe, six networks got drained, and disclosure norms for the $7B Cosmos stack just got rewritten.
Two MANTRA wallets were touched, but no addresses, hashes, or exploit path have been disclosed. Operators are now re-pulling a tag whose changes they cannot fully audit.
Cosmos Labs has acquired Mintscan, the leading block explorer for the Cosmos ecosystem, and simultaneously announced…
Another 2026 bridge exploit — but this one isn't a smart-contract bug. Researchers say the attacker walked in through the authorization layer, the same weak seam hit in Kelp DAO and Resolv earlier…
Cycles, a multilateral clearing startup founded by a co-founder of Cosmos, has closed a $6.4 million funding round. The…