Cosmos Hub halts for nearly 25 hours after $4.4 million Neutron exploit

  • Cosmos Hub validators halted the network after a manipulated Neutron proposal enabled theft.
  • About $4.4 million in digital assets were stolen in the attack.
  • The attacker bought and staked Neutron tokens just before voting closed.

Cosmos Hub validators halted the network for nearly 25 hours after a manipulated Neutron governance proposal enabled an attacker to steal about $4.4 million in digital assets. The attacker bought and staked Neutron tokens, meaning tokens were locked to participate in network governance, just before voting closed.

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Cosmos Hub halts for nearly 25 hours after $4.4 million Neutron exploit - CoinPost Terminal