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TokenPost

In the domestic cryptocurrency market, WLD, XRP, and ONDO are attracting attention with higher trading volumes compared to overseas. WLD, in particular, had a domestic share 23.9 times higher than overseas. In contrast, HYPE and BNB recorded more active trading volumes overseas. CC showed the highest Kimchi premium, while some stocks showed a negative premium.

TokenPost

Cosmos Hub halted block production for approximately 24.5 hours to recover ATOM that flowed in due to a Neutron governance attack. Validators restarted the network after applying a patch, recovering 1.22 million ATOM. The attack originated from Neutron, and the Hub itself was not hacked.

U.Today

Bitget experienced a $388M security breach due to a third-party vulnerability, leading to unauthorized withdrawals. The exchange has resumed BTC withdrawals and plans to restore ETH and USDT services soon, assuring users that losses are covered by its Protection Fund.

TokenPost

Despite the Fed's interest rate hike and the surge in long-term Treasury yields, the cryptocurrency market showed defensive strength, primarily in large-cap assets, with an increase in Bitcoin dominance and a prevalence of short position liquidations. The resolution of regulatory uncertainty surrounding staking tokens, coupled with exchange-related issues, suggests a potential market restructuring.

Binance News

Neutron's governance proposal was manipulated, leading to a $4.4M theft. An attacker exploited the system by buying NTRN and staking it before a proposal passed, gaining control of contracts. Cosmos Hub validators halted the chain to recover funds, moving ATOM to a new address.

TokenPost

The Cosmos Hub has resumed operation after an approximately 25-hour suspension. 1,227,121 ATOMs were moved from the Neutron attacker's wallet to a new address, valued at approximately $2.1 million. Validators had halted the network to prevent further ATOM movements resulting from the attack.

Cosmos Hub 네트워크 재개 — 탈취된 ATOM 이동에 주목 — View post

Kitto@kitto

Translated from Korean

The Cosmos Hub has finally resumed operations after about 25 hours of halted block production. This network disruption was the aftermath of an attack targeting a vulnerability in the Neutron governance system. Fortunately, it has been confirmed that the Hub's internal funds remain safe, avoiding the worst-case scenario.

However, on-chain surveillance remains on high alert. The movement of 1.22 million ATOM (approximately $2.1 million) from the stolen funds to a new wallet address has been detected. The community and security analysis teams are staying vigilant for any further attempts at money laundering or deposits into exchanges.

This incident serves as a clear example of how security risks can propagate throughout the Cosmos ecosystem, which prides itself on deep inter-chain connectivity. While the network has been restored, security coordination with other connected app-chains will likely be the key challenge moving forward. Let's keep a close watch on the hacker's ATOM movements!

TokenPost

The Cosmos Hub is set to restart after approximately 25 hours of downtime. 1.22 million ATOM tokens (worth about $2.1 million) that were stolen have been moved to a new address. This follows a governance attack on Neutron that resulted in asset theft, and the Cosmos Hub is preparing a response update.

TokenPost

Cosmos Hub resumes block production after a 25-hour halt. In the first block post-halt, 1.22 million ATOM (worth $2.1 million) were moved from an attacker's wallet to a new address. The incident originated from a Neutron governance attack, where the attacker attempted to steal assets worth approximately $9.4 million. Cosmos Hub's own funds were not affected.

TokenPost

Iran suggests the possibility of reopening the Strait of Hormuz within 7 days. Brazil ranks first in virtual asset adoption index. Cosmos Hub resumes block generation after Neutron governance attack. Polygon plans to burn 100 million POL. KB Securities pushes for tokenized funds. Silvia holds 5,130 Bitcoins. High-net-worth individuals' virtual asset holding rate is 66.7%, but the rate of inclusion in long-term plans is low. US Federal Reserve hints at possibility of further interest rate hikes. UK inflation rate at 3.1%. Silk Bank supports Tether purchases and remittances.

TokenPost

Cosmos Hub resumed block production after halting it for over 24 hours in response to a Neutron governance exploit. The attacker targeted approximately $9.5 million but only managed to drain about 20% of the funds. This incident highlights the cascading security threats within the Cosmos ecosystem.

CoinNess

The Cosmos Hub has restarted its network and normalized block production following a halt on ATOM transfers due to a Neutron governance exploit. The network is currently operating normally, and continuous monitoring will be in place to maintain stability.