Cosmos EVM chains urged to halt operations as security incident expands
AI Market Summary
A widening security incident in the Cosmos EVM module has prompted validators on affected Cosmos EVM chains to halt networks, raising immediate operational and counterparty risk across the Cosmos ecosystem. The event follows MANTRA's recent ~30-hour outage tied to the same shared component, highlighting shared-infrastructure fragility and potential spillovers to users, validators, and liquidity providers until a full incident report clarifies scope and remediation.
Impact level
● High
Affected assets
ATOM/USDT-4.64%
AI Insight · ATOM/USDTAI Insight
▼ Bearish
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Validators operating chains that use the Cosmos EVM module have been asked to pause their networks as a security incident continues to spread. @cosmoslabs_io said on Monday its security teams are actively responding to an ongoing issue affecting users of the module, and that a formal incident report will be published once the situation is resolved.
The same shared component disrupted MANTRA, a Cosmos-based real-world assets (RWA) chain, which went offline for about 30 hours last week. MANTRA's team said the exploit impacted two company-managed wallets and did not affect user funds.
