Cosmos Hub halts for 24 hours after Neutron governance attack
- —Cosmos Hub was offline for over 24 hours, halting at block height 33086740
- —The Neutron attack caused $9.5 million in losses, with the attacker extracting only about 20%
- —Astroport and Drop contracts were drained of $4.9 million and $4.4 million respectively
- —The attacker spent just $20,199 to acquire the NTRN tokens needed to pass the vote
Why it matters: The third security incident in the Cosmos ecosystem in recent months undermines confidence in its governance and bridges.
Source: Protos