Privacy Blockchain Namada Attacked, 228,517 ATOM Transferred Out

ATOM-2.02%
According to Foresight News, privacy blockchain Namada announced a security vulnerability and initiated an investigation today. The team has contacted relevant parties to coordinate response efforts. Chain data shows approximately 228,517 ATOM assets were transferred via IBC (Inter-Blockchain Communication) protocol to a Cosmos Hub address and subsequently cleared within hours through multiple transfer operations. The address now holds minimal balance remaining.
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