Cosmos · ATOMUSD Daily Market Briefing

Bearish

Cosmos (ATOM) price declines 1.86% amid MANTRA Chain hack exploiting Cosmos EVM bug

In the past 24 hours, Cosmos (ATOM) experienced a 1.86% decline, trading at $1.58. This downturn coincided with a significant security breach in the MANTRA Chain, which was compromised due to a known vulnerability in the Cosmos EVM ICS20 precompile. Despite prior advisories and patches, the exploit led to a halt in MANTRA Chain's operations and a sharp drop in its native token's value.

Key points

  • MANTRA Chain halted operations after being hacked via a known Cosmos EVM vulnerability.
  • Cosmos (ATOM) price declined by 1.86%, trading at $1.58.
  • The exploit led to a significant drop in MANTRA Chain's native token value.

Sources

AI-generated from public news sources. Not financial advice.

Latest briefing: Cosmos

Analyze any chart in seconds

This is today's read on Cosmos. Point your camera at any chart and ChartDetector AI gives you a full technical analysis in seconds — free on iOS.

Download on the App Store
Get the free appDownload on the App Store