Security flaw in Cosmos EVM leads to multiple token drains and network halts across chains

Cosmos EVM chains halt after $148M KII token theft and security breach in August 2026

In August 2026, Cosmos Labs issued an emergency halt for all Cosmos EVM-based blockchains following a major security breach. KiiChain lost over 148 million KII tokens through 18 attacks exploiting vulnerabilities in vesting and staking mechanisms. TA...