Cosmos
ATOMThe Internet of Blockchains
News Heat Trend
Project Overview
Cosmos is a rapidly expanding ecosystem of independent, interconnected blockchains built using developer-friendly application components and connected via the groundbreaking IBC (Inter-Blockchain Communication) protocol. With Cosmos, developers can choose to construct entirely autonomous, application-specific blockchains that can easily interconnect.
AMD middle managers accused of diverting multiple engineers to ATOM inference engine project with almost no customers
Odaily News: SemiAnalysis posted on X that AMD middle managers are spending the time of more than 20 engineers trying to expand their sphere of influence and secure promotions through a useless side project called the "ATOM Inference Engine," rather than allocating those resources to inference engines actually being used by real customers like Meta and xAI, such as SGLang and vLLM.SemiAnalysis said that dozens of AMD engineers, including principal engineers and AMD Fellows, have privately contacted the firm, stating that due to internal office politics at AMD and support from some middle managers, they are unable to discuss their concerns internally. Middle managers are consuming the time of more than 20 full-time engineers to develop this side project with almost no customers, and the engineers involved are all "10x engineers" who should have been dedicated to developing customer-facing inference engines like vLLM and SGLang.SemiAnalysis said that middle managers will likely respond by pointing to the only customer using the project in a production environment—Alibaba, based on Qwen—but further investigation shows that this is merely a limited deployment of ATOM by Alibaba's enterprise business unit, not the main business unit behind Qwen.SemiAnalysis stated that AMD management has diverted resources and limited internal GPU R&D clusters away from engineers supporting production-grade inference engines such as vLLM and SGLang, instead using them to expand their own influence and engage in office politics, showing a profound lack of respect for AMD engineers.
NES holdings inflated to $50 million, Cosmos EVM exploit attacker actually profited about $60,000
According to Odaily, an investigation into the security vulnerability exploit of the Cosmos EVM module reveals that the primary attacker (0x9AE7) purchased $250,000 worth of NES and bridged it to Nesa Chain, exploiting a balance vulnerability to inflate holdings to 200 times their original size, then bridged approximately $50 million worth of NES back to Ethereum. The attacker's initial funding for the wallet originated from Monero. Through multiple wallets, the attacker exchanged NES for ETH on DEXs and deposited the proceeds into centralized exchanges. Due to rapid liquidity withdrawal, most exchanges suffered extreme slippage, and the attacker ultimately sold for only $315,000, netting a profit of approximately $60,000 after deducting costs.
Namada suffered an attack, with over 220,000 ATOM flowing into a Cosmos Hub address before being transferred out
According to Odaily, the privacy-focused public chain project Namada officially stated that the protocol encountered a vulnerability attack incident. The team is currently investigating and has contacted relevant parties to assist in handling the matter.Officials stated that if the operator behind this attack is a white hat hacker, they hope the individual will proactively contact the team to further understand the vulnerability and facilitate a resolution.On-chain data shows that some ATOM assets related to the incident were allegedly transferred to a Cosmos Hub network address via IBC (Inter-Blockchain Communication protocol). According to on-chain tracking information, this address received approximately 228,517 ATOM on June 18. The funds were subsequently drained within hours through IBC transfers and multiple outgoing transactions. Currently, only a small balance remains in this address.As of now, Namada has not disclosed the type of vulnerability, the attack method, or the specific scale of losses. The relevant investigation is still ongoing.
Gravity Bridge, a Cosmos ecosystem cross-chain bridge, announced service suspension following an attack.
The Cosmos ecosystem’s cross-chain bridge Gravity Bridge was reportedly attacked due to a leaked signature key, resulting in approximately $5.4 million in stolen assets. The official team has confirmed the security incident and has urgently suspended bridging services to conduct an investigation. Validators have also been instructed to halt their validator nodes and coordinators. It is reported that the bridge’s contract keys may have been compromised.
PeckShield: The cryptocurrency industry experienced 50 major attack incidents in August, with total losses of approximately $136.3 million.
According to PeckShieldAlert, the cryptocurrency industry saw 50 major attack incidents in August 2026, an increase of 67% over the 30 incidents in July. Total losses reached approximately $136.3 million, a 49.5% decrease from the $270 million in July. The Tectonic.cro incident caused approximately $74 million in losses, ranking as the fourth-largest crypto theft of the year, behind only attacks associated with Drift, KelpDAO/LayerZero, and COLDCARDwallet. The attacker managed to cross-chain only around $6 million to Ethereum before Cronos suspended its entire network, leaving the rest of the funds mostly stranded on Cronos. The attacker has since started laundering the illicit proceeds and bridging a portion to Bitcoin, amounting to roughly $200,000 to date. Other significant attack incidents in August involved Moonwell, Termlabs, Coinsbuy, TAC, Injective, MANTRA, BounceBit, Cosmos Labs, and aquifer.
NES holdings inflated to $50 million, Cosmos EVM exploit attacker actually profited about $60,000
According to Odaily, an investigation into the security vulnerability exploit of the Cosmos EVM module reveals that the primary attacker (0x9AE7) purchased $250,000 worth of NES and bridged it to Nesa Chain, exploiting a balance vulnerability to inflate holdings to 200 times their original size, then bridged approximately $50 million worth of NES back to Ethereum. The attacker's initial funding for the wallet originated from Monero. Through multiple wallets, the attacker exchanged NES for ETH on DEXs and deposited the proceeds into centralized exchanges. Due to rapid liquidity withdrawal, most exchanges suffered extreme slippage, and the attacker ultimately sold for only $315,000, netting a profit of approximately $60,000 after deducting costs.
Cosmos Labs: A security incident occurred in the Cosmos EVM module, and its security and engineering teams are addressing it.
Cosmos Labs stated that a security incident is occurring in the Cosmos EVM module and has already affected relevant users. Its security and engineering teams are addressing the situation and have advised the contacted Cosmos EVM chains to require validators to suspend chain operations. Cosmos Labs has not yet disclosed vulnerability details, the affected chains, or specific losses, stating that an incident report will be published after the matter is resolved.
TAC was attacked due to a vulnerability in the Cosmos EVM precompile layer, with approximately 2.986 billion TAC tokens transferred.
TAC tweeted that on August 22, an attacker exploited a vulnerability in the Cosmos EVM precompile layer, transferring 2,985,651,403 TAC from a single account on the TAC network. The project team subsequently paused the network at block height 24,671,475 to halt the attack.
MANTRA Chain has resumed block production; user funds remain unaffected.
RWA Layer 1 blockchain MANTRA Chain announced that the vulnerability in the Cosmos-EVM module has been patched, the network has resumed operations and block production, and the incident did not affect user funds. The team will release a complete post-incident analysis report in the coming days.
Secret Network 因 AI 风险拟迁至 Arbitrum
Secret Network 团队提议将隐私区块链从 Cosmos 迁移至 Arbitrum，称 AI 使旧代码更易被攻击的安全风险及生态流动性下降是主要考量。
AMD middle managers accused of diverting multiple engineers to ATOM inference engine project with almost no customers
Odaily News: SemiAnalysis posted on X that AMD middle managers are spending the time of more than 20 engineers trying to expand their sphere of influence and secure promotions through a useless side project called the "ATOM Inference Engine," rather than allocating those resources to inference engines actually being used by real customers like Meta and xAI, such as SGLang and vLLM.SemiAnalysis said that dozens of AMD engineers, including principal engineers and AMD Fellows, have privately contacted the firm, stating that due to internal office politics at AMD and support from some middle managers, they are unable to discuss their concerns internally. Middle managers are consuming the time of more than 20 full-time engineers to develop this side project with almost no customers, and the engineers involved are all "10x engineers" who should have been dedicated to developing customer-facing inference engines like vLLM and SGLang.SemiAnalysis said that middle managers will likely respond by pointing to the only customer using the project in a production environment—Alibaba, based on Qwen—but further investigation shows that this is merely a limited deployment of ATOM by Alibaba's enterprise business unit, not the main business unit behind Qwen.SemiAnalysis stated that AMD management has diverted resources and limited internal GPU R&D clusters away from engineers supporting production-grade inference engines such as vLLM and SGLang, instead using them to expand their own influence and engage in office politics, showing a profound lack of respect for AMD engineers.
Cosmos Labs: A security incident occurred in the Cosmos EVM module, and its security and engineering teams are addressing it.
Cosmos Labs stated that a security incident is occurring in the Cosmos EVM module and has already affected relevant users. Its security and engineering teams are addressing the situation and have advised the contacted Cosmos EVM chains to require validators to suspend chain operations. Cosmos Labs has not yet disclosed vulnerability details, the affected chains, or specific losses, stating that an incident report will be published after the matter is resolved.
MANTRA Chain has resumed block production; user funds remain unaffected.
RWA Layer 1 blockchain MANTRA Chain announced that the vulnerability in the Cosmos-EVM module has been patched, the network has resumed operations and block production, and the incident did not affect user funds. The team will release a complete post-incident analysis report in the coming days.
Cosmos Ecosystem Wallet Cosmostation Announces Discontinuation of Wallet Services
According to the official announcement from Cosmostation Wallet, the team has announced that it will officially discontinue Cosmostation Wallet services. Starting from September 1, 2026, the iOS, Android, and Chrome extension versions will retain only the "Export Mnemonic Phrase" and "Export Private Key" functions, while the remaining functions will be taken offline sequentially. As this wallet is a non-custodial wallet, user assets remain stored on their respective blockchains; holding the mnemonic phrase or private key allows users to import the wallet into other compatible wallets to continue using it. The official team strongly advises users to complete secure backups of private keys or mnemonic phrases before September 1.
Related news
PeckShield: The cryptocurrency industry experienced 50 major attack incidents in August, with total losses of approximately $136.3 million.
According to PeckShieldAlert, the cryptocurrency industry saw 50 major attack incidents in August 2026, an increase of 67% over the 30 incidents in July. Total losses reached approximately $136.3 million, a 49.5% decrease from the $270 million in July. The Tectonic.cro incident caused approximately $74 million in losses, ranking as the fourth-largest crypto theft of the year, behind only attacks associated with Drift, KelpDAO/LayerZero, and COLDCARDwallet. The attacker managed to cross-chain only around $6 million to Ethereum before Cronos suspended its entire network, leaving the rest of the funds mostly stranded on Cronos. The attacker has since started laundering the illicit proceeds and bridging a portion to Bitcoin, amounting to roughly $200,000 to date. Other significant attack incidents in August involved Moonwell, Termlabs, Coinsbuy, TAC, Injective, MANTRA, BounceBit, Cosmos Labs, and aquifer.
AMD middle managers accused of diverting multiple engineers to ATOM inference engine project with almost no customers
Odaily News: SemiAnalysis posted on X that AMD middle managers are spending the time of more than 20 engineers trying to expand their sphere of influence and secure promotions through a useless side project called the "ATOM Inference Engine," rather than allocating those resources to inference engines actually being used by real customers like Meta and xAI, such as SGLang and vLLM.SemiAnalysis said that dozens of AMD engineers, including principal engineers and AMD Fellows, have privately contacted the firm, stating that due to internal office politics at AMD and support from some middle managers, they are unable to discuss their concerns internally. Middle managers are consuming the time of more than 20 full-time engineers to develop this side project with almost no customers, and the engineers involved are all "10x engineers" who should have been dedicated to developing customer-facing inference engines like vLLM and SGLang.SemiAnalysis said that middle managers will likely respond by pointing to the only customer using the project in a production environment—Alibaba, based on Qwen—but further investigation shows that this is merely a limited deployment of ATOM by Alibaba's enterprise business unit, not the main business unit behind Qwen.SemiAnalysis stated that AMD management has diverted resources and limited internal GPU R&D clusters away from engineers supporting production-grade inference engines such as vLLM and SGLang, instead using them to expand their own influence and engage in office politics, showing a profound lack of respect for AMD engineers.
NES holdings inflated to $50 million, Cosmos EVM exploit attacker actually profited about $60,000
According to Odaily, an investigation into the security vulnerability exploit of the Cosmos EVM module reveals that the primary attacker (0x9AE7) purchased $250,000 worth of NES and bridged it to Nesa Chain, exploiting a balance vulnerability to inflate holdings to 200 times their original size, then bridged approximately $50 million worth of NES back to Ethereum. The attacker's initial funding for the wallet originated from Monero. Through multiple wallets, the attacker exchanged NES for ETH on DEXs and deposited the proceeds into centralized exchanges. Due to rapid liquidity withdrawal, most exchanges suffered extreme slippage, and the attacker ultimately sold for only $315,000, netting a profit of approximately $60,000 after deducting costs.
Cosmos Labs: A security incident occurred in the Cosmos EVM module, and its security and engineering teams are addressing it.
Cosmos Labs stated that a security incident is occurring in the Cosmos EVM module and has already affected relevant users. Its security and engineering teams are addressing the situation and have advised the contacted Cosmos EVM chains to require validators to suspend chain operations. Cosmos Labs has not yet disclosed vulnerability details, the affected chains, or specific losses, stating that an incident report will be published after the matter is resolved.
TAC was attacked due to a vulnerability in the Cosmos EVM precompile layer, with approximately 2.986 billion TAC tokens transferred.
TAC tweeted that on August 22, an attacker exploited a vulnerability in the Cosmos EVM precompile layer, transferring 2,985,651,403 TAC from a single account on the TAC network. The project team subsequently paused the network at block height 24,671,475 to halt the attack.
MANTRA Chain has resumed block production; user funds remain unaffected.
RWA Layer 1 blockchain MANTRA Chain announced that the vulnerability in the Cosmos-EVM module has been patched, the network has resumed operations and block production, and the incident did not affect user funds. The team will release a complete post-incident analysis report in the coming days.