Kitto@kitto

Translated from KoreanView original

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!

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