Security· ★★★★· bearish·

Cosmos Hub Halts Chain for 25 Hours, Recovers 1.22M ATOM

  • —Cosmos Hub halted at block 33,086,740 and restarted on Sept. 23 at 21:00 KST
  • —The attacker gained chain-level control via the AIATO governance proposal on Neutron
  • —About 1.7 million ATOM was bridged via IBC, with 1,227,121 ATOM recovered by the patch
  • —A 4-of-6 multisig with Nansen, Keplr, Enigma, Silknodes, Kiln and Polkachu holds the recovered funds
Why it matters: The incident shows that decentralized networks can halt to protect safety, and recovering funds requires separate Cosmos Hub governance approval.
#ATOM
Source: TokenPost
More on this
Security · Sep 23
Cosmos Hub halts for 24 hours after Neutron governance attack
 Security · Sep 14
Cosmos Hub recovers from outage, but Ledger still won't show ATOM
 Markets · Sep 25
ATOM Rises 5.43% to $1.79 Despite Cosmos Hub Halt