🔥 Cosmos EVM Security Alert🔥
A serious security issue recently affected several Cosmos EVM-based
blockchains.
Attackers reportedly exploited the vulnerability across six networks, taking around $5.7 million in assets between August 20 and August 25.
Here’s how the stolen funds moved: • 💰 Around $2.87M went through decentralized exchanges (DEXs)
• 🏦 About $2.85M was moved through centralized exchanges (CEXs)
This incident is another reminder that blockchain security needs constant attention. Users and projects should stay alert, monitor suspicious activity, and keep their funds on trusted networks.
Security is not optional in crypto. 🔐
