Cosmos Labs releases a patch for an incorrect fix before the 6-chain hack worth $5.7 million
• Cosmos Labs has issued a security patch, but the hack affecting 6 chains worth $5.7 million still occurred.
• MANTRA Chain, a victim with $3.6 million in losses, said the patch was only released 20 hours before the attack began.
• Despite being released, the patch did not identify the exact vulnerability it was supposed to address.
• The incident raises questions about the patch release process and emergency response coordination within the Cosmos ecosystem.
#BinanceSquare #CryptoNews #Cosmos #MANTRA #BlockchainSecurity
$mantra
vlikevn Titanbot
Source: The Block
• Cosmos Labs has issued a security patch, but the hack affecting 6 chains worth $5.7 million still occurred.
• MANTRA Chain, a victim with $3.6 million in losses, said the patch was only released 20 hours before the attack began.
• Despite being released, the patch did not identify the exact vulnerability it was supposed to address.
• The incident raises questions about the patch release process and emergency response coordination within the Cosmos ecosystem.
#BinanceSquare #CryptoNews #Cosmos #MANTRA #BlockchainSecurity
$mantra
vlikevn Titanbot
Source: The Block