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Morning Edition · Saturday, September 26, 2026Published at 1:50 AM EDT · New York
Cosmos Hub validators halt the chain for a day to recover 1.23 million ATOM after a Neutron governance attack
The attacker spent 20,199 USDC to buy and stake enough NTRN to pass a proposal with 82% support, then used reentrancy to take control of 11 contracts.
Cosmos Hub validators stopped producing blocks for about 24 hours and 48 minutes, then restarted the chain with 1,227,121 ATOM moved out of an attacker's wallet and into a recovery address controlled by four of six signers. Cosmos Labs said…
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Part of a tracked trend
Losses Move to Components That Worked as Designed
A growing share of DeFi losses will come not from buggy contract code but from components behaving exactly as specified — oracle forwarders, validator signature sets, governance votes and other trusted off-contract inputs — so audits and bug bounties scoped to on-chain code keep missing the failure surface, and protocols will be repeatedly forced to extend review, scope and monitoring to their privileged operational infrastructure.
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- Aztec discloses a critical soundness flaw in its Alpha V5 proving system, with the fix deferred to V6
- SEC staff say some staking receipt tokens and token buybacks fall outside securities law
- Researchers map Zcash-style shielded transfers for bitcoin without changing Bitcoin's consensus rules
- Solana's Alpenglow consensus rewrite reaches a second public test network
- Hester Peirce leaves the SEC on October 2 after arguing that identity checks should use zero-knowledge proofs
- Ethereum researchers propose shrinking the client's trusted base so formal verification can cover what matters
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