Odaily Planet Daily reports that MANTRA released a security incident report dated August 20, stating that an attacker exploited an integer underflow vulnerability in the Cosmos EVM to transfer 720.924 million MANTRA tokens from two addresses, equivalent to approximately $3.6 million at $0.005 per token. Of this amount, 600 million tokens were transferred from a burned address and 121 million from the genesis multisig address. The attack did not involve validator or administrator keys. The vulnerability was patched on the development branch on May 15 and merged into the release branch on August 19. The first anomalous transfer occurred on August 21 at 11:06 (UTC+8); MANTRA Chain was halted at 15:13 (UTC+8) and restarted on August 22 under version v8.4.0. Of the stolen funds, 683 million tokens have been transferred to exchange deposit addresses, while 37.96 million tokens have been frozen, and recovery efforts are now under law enforcement investigation.
37.96M MANTRA Tokens Frozen Following $3.6M Theft via Cosmos EVM Vulnerability
KuCoinFlashShare
MANTRA disclosed a security breach on August 20 after an attacker exploited an integer underflow in the Cosmos EVM, stealing 720.924 million MANTRA tokens ($3.6 million). On-chain data shows that 600 million tokens were withdrawn from a burn address and 121 million from a genesis multisig. The vulnerability was patched in a development branch on May 15 and merged on August 19. The first anomalous EVM transaction occurred on August 21. The chain was halted and restarted on August 22 under version v8.4.0. Of the stolen funds, 683 million MANTRA were transferred to exchanges, and 37.96 million were frozen. Recovery efforts are currently under review by law enforcement.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
