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Cosmos EVM hack halts networks; KiiChain loses 148.3M KII, MANTRA restarts after patching.

Market News
25 Aug 2026
AMBCrypto
View Source
Bearish
pluang ai news

A security breach in the Cosmos Ethereum Virtual Machine (EVM) module forced multiple blockchain networks to halt operations to contain the threat. KiiChain suffered the largest loss, with 148.3 million KII tokens stolen across 18 attacks, though over half of these tokens may be recoverable. MANTRA successfully resumed operations after applying a security patch, but the root cause of the vulnerability remains undisclosed, leaving other networks offline while investigations continue. The incident highlights risks in shared blockchain modules and the need for coordinated responses to such threats.

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