Neutral
Cosmos Hub recovers 1.23 million ATOM after Neutron attack, funds held in multisig.
In the past 24 hours, Cosmos Hub validators successfully halted the network for approximately 25 hours to prevent further asset movement following a governance exploit on the Neutron chain. During this period, they transferred 1.23 million ATOM from the attacker's wallet to a 4-of-6 multisig address controlled by community validators. This action highlights the network's ability to coordinate a rapid response to cross-chain security incidents, ensuring the safety of user funds.
Key points
- Validators halted the Cosmos Hub network for about 25 hours to prevent further asset movement following a governance exploit on the Neutron chain.
- During the network halt, 1.23 million ATOM were transferred from the attacker's wallet to a 4-of-6 multisig address controlled by community validators.
- The network's swift response underscores its capacity to manage cross-chain security incidents effectively, safeguarding user funds.
Sources
- Cosmos Hub Halts for 25 Hours, Moves 1.23 Million ATOM Out of Neutron Attacker’s WalletWalletInvestor.com · September 26, 2026
- Cosmos Hub Resumes, Ledger ATOM Wallet Issues PersistCryptoCompass · September 13, 2026
- Cosmos Hub is back, but Ledger users still can't see or send ATOMCoinMarketCal · September 13, 2026
AI-generated from public news sources. Not financial advice.
