Cosmos Labs Sat on EVM Bug 4 Months Before $5.7M Drain
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.
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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.
The threat was contained with no user funds exploited, but deposits, withdrawals and MANTRA transactions remain frozen pending testing for a possible same-day restart.
The team says user funds were insulated from the pause, but the asset impact of the attacker's activity remains unconfirmed.
Inveniam Capital Partners is acquiring MANTRA, the Layer 1 blockchain focused on real-world asset tokenization, the…