According to ME News, on August 25 (UTC+8), Cosmos Labs stated that an ongoing security incident has affected users of the Cosmos EVM module. Cosmos Labs’ security and engineering teams have been actively responding to the incident. Cosmos Labs has advised Cosmos EVM chains it collaborates with to request validators suspend their chain operations. A detailed incident report will be published once the situation is resolved. (Source: BlockBeats)
Cosmos EVM Module Faces Security Incident; Validators Advised to Halt Chain Operations
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Summary
Cosmos IBC activity was disrupted following a security incident affecting the Cosmos EVM module, according to a report by MetaEra on August 25 (UTC+8). Cosmos Labs confirmed the issue and advised validators to halt chain operations. Engineers and security teams are working to resolve the problem, with a full report to follow. The incident underscores the risks associated with contract security across interconnected blockchains.
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