Neutral
Cosmos Hub recovers $2.2 million in stolen ATOM after 25-hour network halt.
On September 22, 2026, Cosmos Hub paused block production for approximately 25 hours to prevent further movement of stolen ATOM tokens. Validators resumed operations on September 23, successfully transferring 1,227,121 ATOM (valued at around $2.1 million) from the attacker's wallet to a recovery address. However, 168,990.9 ATOM escaped during the process, as the attacker managed to sell these tokens on Osmosis for USDC and Ethereum.
Key points
- Cosmos Hub halted its network for 25 hours to secure stolen ATOM tokens.
- Validators successfully recovered 1.23 million ATOM, worth approximately $2.1 million.
- Despite recovery efforts, 168,990.9 ATOM were sold by the attacker on Osmosis.
Sources
AI-generated from public news sources. Not financial advice.
