🐻 Cosmos Labs has advised Cosmos EVM chains in contact with its team to ask validators to halt during an active security response. The shared module powers Ethereum-compatible execution across independent Cosmos networks. Crypto.news reports that the $OM network MANTRA resumed after a roughly 30-hour pause with balances unchanged, while $TAC halted after one account was drained and KiiChain disclosed repeated attacks. Cosmos Labs has not named the flaw, total losses or every affected chain, and has not said Cosmos Hub or $ATOM was compromised. Why it matters: one shared software layer can transmit security risk across otherwise separate blockchains.

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Sources: https://x.com/cosmoslabs_io/status/2091935066381582390
https://crypto.news/cosmos-evm-chains-told-to-halt-after-security-incident/