Cosmos Hub paused its network for 25 hours to stop an attacker from moving 1.2 million ATOM tokens, worth over $2.2 million, stolen via a governance exploit on Neutron, a related smart contract platform. The attacker used a $20,200 governance proposal to seize control of Neutron apps, exposing $9.5 million in contracts and extracting about 20% before Neutron halted operations. Cosmos Hub validators coordinated the shutdown to freeze the stolen tokens and successfully recovered the ATOM on restart, preventing further loss. This incident highlights the risks of governance attacks and cross-chain vulnerabilities in the Cosmos ecosystem, prompting praise for the validator response but raising ongoing security concerns.
Cosmos Hub's recent network halt and recovery is presented here with Pluang's market data as of Sep 24, 2026 00:21 WIB. Among 50 major cryptocurrencies tradable on Pluang, 9 rose and 40 fell. Notable movers include DOT at Rp19.564 with a 1-day change of -7.69%, DOGE at Rp1.647 down 7.47%, and BCH at Rp6.237.327 up 7.45%.
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