Cosmos Hub voters are strongly opposing Proposal 1056, which seeks to allocate 1,221,120 ATOM to an address connected to the Neutron governance attack. As of Sept. 25, about 95% of votes cast were "No with Veto," signaling clear rejection before the Sept. 30 deadline. The proposal included a 500,000 ATOM bounty for supporters but faced backlash due to concerns over the destination wallet and the attack's context. The incident involved a network restart and recovery of stolen funds, with validators securing the assets in a multisignature wallet. The proposal will fail if voter turnout remains below 40% or if veto votes exceed 33.4%.
Cosmos Hub voters' rejection of Proposal 1056 is the story's subject. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Sep 26, 2026 01:51 WIB: 37 of 50 major cryptocurrencies rose while 12 fell. ENJ rose 4.70% to Rp526 with 91% buy orders, THETA rose 4.66% to Rp4.157 with 87% buy orders, and SOL rose 4.40% to Rp2.188.527 with 60% buy orders.
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