Cosmos has disclosed a security vulnerability affecting some EVM Stack blockchains; the Saga chain has released a patch.

Gate News Report, March 10 — Cosmos Labs announced on X platform that they recently discovered a security vulnerability affecting some blockchains built on the Cosmos EVM Stack. The vulnerability involves related functional modules and has impacted the Layer 1 blockchain Saga in the production environment. Cosmos Labs stated that the team has been working with Saga and ecosystem partners to investigate the issue, coordinate mitigation measures, and has released security patches to the affected chains.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Circle faces a class action lawsuit from Drift; USDC freeze obligations spark legal debate

Representing more than 100 members, Joshua McCollum, a Drift Protocol investor, filed a lawsuit against Circle on Wednesday in the U.S. District Court for the District of Massachusetts. The lawsuit alleges that in the April 1 theft incident involving approximately $280 million worth of Drift Protocol, Circle allowed the attacker to transfer roughly $230 million USDC to Ethereum via a cross-chain transfer protocol.

MarketWhisper59m ago

Tether Freezes 3.29M USDT in Rhea Finance Hacker Address

Tether CEO Paolo Ardoino announced the freezing of 3.29 million USDT connected to a hacker linked to Rhea Finance's $7.6 million theft due to a fake token contract attack.

GateNews1h ago

Circle Faces Class Action Lawsuit Over $230M Unblocked USDC in Drift Protocol Attack

Circle faces a class action lawsuit for failing to freeze $230 million in stolen USDC after the Drift Protocol attack. Plaintiffs argue that Circle's protocols allowed attackers to move and convert the stolen funds without intervention, raising concerns about the company's responsibilities in monitoring cross-chain transfers.

GateNews1h ago

$7.6 million stolen from Rhea Finance: DeFi fake token attack manipulates the oracle

A DeFi protocol, Rhea Finance, suffered a major security vulnerability on April 16, resulting in losses of approximately $7.6 million. The attacker manipulated the oracle by creating a fraudulent token contract, causing the protocol to incorrectly assess the value of assets. This loss represents about 6% of Rhea Finance’s total value locked, demonstrating the risk of oracle manipulation attacks in the DeFi space. Users should carefully evaluate the risk of their assets.

MarketWhisper2h ago

Grinex hacked: $15 million paused from trading, pointing to an “enemy state”

Grinex, a Kyrgyz crypto exchange, paused trading and withdrawals after a large-scale cyberattack and lost about $15 million in USDT. The stolen funds were quickly converted into TRX and ETH to reduce the risk of being frozen. Grinex is believed to be the successor to the sanctioned exchange Garantex, becoming a major trading platform for ruble-to-crypto transactions. In its attack statement, Grinex pointed the incident to an “enemy state,” but it lacked concrete evidence.

MarketWhisper2h ago

Kyrgyzstan-based CEX Halts Trading After $15M USDT Cyberattack and Wallet Breach

A Kyrgyzstan-based cryptocurrency exchange suspended trading after hackers stole over $15 million USDT. The attackers moved funds across blockchains to evade detection. The incident highlights risks in centralized exchanges, especially in less regulated areas.

GateNews2h ago
Comment
0/400
No comments