The Hub produced no blocks for 24 hours and 48 minutes. The attacker bought voting power for 20,199 USDC and staked it 12 minutes before an expedited Neutron proposal closed.

The recommendation came six days after the patch shipped without a security advisory. KiiChain, one of three chains drained, says the sequence cost it 148 million tokens and that two of the three underlying defects remain unfixed upstream.

The Dubai-licensed RWA Layer 1 has been frozen since Thursday evening. MANTRA says the incident touched two wallets it controls and that no user funds were taken, and has not said whether anything left those wallets.

The migration comes just months after Cosmos announced it’s stepping back from efforts to turn the Cosmos Hub into a smart contract platform as TVL declines.

The Cosmos Hub’s smart contract rollout has hit a dead end, forcing ecosystem builders to rethink their strategies.

The modular blockchain platform’s INIT token is trading at a $900 million fully diluted valuation.

The upgrade aims to increase Cosmos’ scalability and interoperability across different virtual machines.

The new feature is part of Cosmos-based Vega’s latest Colosseo II upgrade.

Cosmos-based ‘RollApp’ platform’s DYM token is trading at a fully diluted valuation of $4B.

Cosmos-based liquid staking protocol will airdrop $18M worth of STRIDE tokens over five months to early adopters of stTIA.