Neutral
Cosmos Hub recovers 1.23 million ATOM after 25-hour network halt due to Neutron attack.
In response to a governance attack on the Neutron chain, Cosmos Hub validators paused block production for approximately 25 hours to secure stolen assets. Upon resumption, they successfully transferred 1.227 million ATOM, valued at around $2.1 million, from the attacker's address to a secure recovery wallet. The funds are currently held in a community validator multisig address, awaiting a formal governance proposal for their return to original holders.
Key points
- Validators halted Cosmos Hub for 25 hours to prevent further movement of stolen assets.
- 1.227 million ATOM recovered from attacker's address, now in multisig wallet.
- Governance proposal pending for returning funds to original holders.
Sources
- Cosmos Hub Restarts After 25-Hour Downtime, Recovers 1.227M ATOM from Neutron AttackKuCoin · September 24, 2026
- Cosmos Hub Went Dark for 25 Hours to Claw Back $2M in Stolen ATOMCoinPaprika · September 24, 2026
- Cosmos Hub Recovers 1.227 Million ATOM from Neutron Attack, Funds Temporarily Held in 4/6 Multisig AddressinsigtX · September 25, 2026
- Cosmos restarts to recover $2.2M in stolen ATOM, but 169,000 tokens escapeKuCoin · September 24, 2026
AI-generated from public news sources. Not financial advice.
