Neutral
Cosmos Hub recovers 1.227 million ATOM from Neutron attack; funds held in multisig.
In the past 24 hours, Cosmos Hub validators successfully recovered 1.227 million ATOM tokens stolen during a governance exploit on the Neutron blockchain. The funds are currently held in a 4/6 multisig wallet, awaiting a governance proposal for their return. This incident highlights the importance of robust security measures within the Cosmos ecosystem.
Key points
- Validators halted the Cosmos Hub for over 24 hours to prevent further movement of stolen ATOM.
- Approximately 500,000 ATOM were converted to ETH via THORChain and cannot be recovered.
- An additional 169,000 ATOM were transferred to Osmosis and sold after the network resumed.
Sources
- Cosmos Hub Recovers 1.227 Million ATOM from Neutron Attack, Funds Temporarily Held in 4/6 Multisig AddressinsigtX · September 25, 2026
- Cosmos Hub Recovers 1.227M ATOM from Neutron Attack, Funds Held in 4/6 MultisigKuCoin · September 25, 2026
- 코스모스 허브, 뉴트론 공격에 24시간 넘게 중단TokenPost · September 23, 2026
- Cosmos (ATOM) Volatility: Neutron Exploit and Hub ResponseCoinMarketCap · September 23, 2026
AI-generated from public news sources. Not financial advice.
