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Another chain has been hit—this time, the privacy-focused public blockchain Namada. Namada, built on Cosmos, officially confirmed that its protocol was exploited in a security incident. The team is currently investigating and has reached out to relevant parties to coordinate a response. They’ve also issued a public appeal: if the attacker is a white-hat hacker, please contact the team immediately. At this stage, information is extremely limited—no details have been released regarding the scale of losses, the attack method, or the flow of funds. We must wait for further updates. The appeal to “white-hats to come forward” is standard practice for projects facing breaches—it’s essentially an olive branch offered to attackers: return the funds and negotiate a bounty, rather than risk a full-scale investigation. Whether a善意 response follows often depends on whether the attacker is truly a white-hat. A reminder of an old adage: as soon as such incidents occur, fake “compensation,” “snapshot,” or “claim” links quickly emerge. NAM holders should only trust official channels—don’t fall victim to a second scam fueled by panic.

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