Cosmos
ATOMThe Internet of Blockchains
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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.
Native token INIT unaffected, Initia exploit may involve MoveVM Day 0 vulnerability
According to Zon monitoring, available information indicates that this security incident may have originated from a Day 0 vulnerability in Initia's MoveVM built on Cosmos SDK. The vulnerability allowed attackers to mint additional tokens on Initia L1, but does not affect the native token INIT. Before the blockchain was halted, the attacker had already transferred out approximately $2.7 million worth of AUSD, ETH, and USDC through additional minting and cross-chain transfers. The team is still investigating, and the subsequent impact and further details remain to be confirmed.
Astroport：Neutron 上发生的攻击事件可能已经导致 Astroport 合约的管理员权限被盗
Cosmos 生态 DEX Astroport 发文表示，Neutron 上发生的攻击事件可能已经导致 Astroport 合约的管理员权限被盗，Neutron 已暂停链运行进行调查。Astroport 建议用户从所有 Astroport 资金池中撤回流动性。
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.
Binance will reduce the maximum leverage to 5x for multiple isolated margin trading pairs starting November 10.
Binance announced that starting November 10, 2026 at 16:00 (UTC+8), it will reduce the maximum leverage multiplier for 23 isolated leverage trading pairs from 10x to 5x, involving assets such as ATOM, AVAX, BCH, DOT, HYPE, LTC, SUI, TRX, and ZEC. Following the adjustment, the margin and liquidation risk parameters for the relevant trading pairs will be updated accordingly. Binance reminds users to monitor their positions, deposit additional assets into their isolated leverage accounts or repay debts in advance to mitigate the risk of forced liquidation.
Native token INIT unaffected, Initia exploit may involve MoveVM Day 0 vulnerability
According to Zon monitoring, available information indicates that this security incident may have originated from a Day 0 vulnerability in Initia's MoveVM built on Cosmos SDK. The vulnerability allowed attackers to mint additional tokens on Initia L1, but does not affect the native token INIT. Before the blockchain was halted, the attacker had already transferred out approximately $2.7 million worth of AUSD, ETH, and USDC through additional minting and cross-chain transfers. The team is still investigating, and the subsequent impact and further details remain to be confirmed.
Cosmos Hub Recovers 1.227 Million ATOM Tokens Involved in Neutron Attack
Cosmos Labs disclosed in a post that on September 22, Neutron suffered a governance attack, causing funds across protocols such as Astroport to be transferred, with approximately 1.73 million ATOM entering the Cosmos Hub. The Cosmos Hub itself was not targeted, and user funds remained unaffected. To halt further asset outflows, validators paused the network and utilized the Gaia v28.3.0 patch to transfer approximately 1.227 million ATOM from the attacker's address to a 4/6 multisig account managed by six community validators.
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.
Native token INIT unaffected, Initia exploit may involve MoveVM Day 0 vulnerability
According to Zon monitoring, available information indicates that this security incident may have originated from a Day 0 vulnerability in Initia's MoveVM built on Cosmos SDK. The vulnerability allowed attackers to mint additional tokens on Initia L1, but does not affect the native token INIT. Before the blockchain was halted, the attacker had already transferred out approximately $2.7 million worth of AUSD, ETH, and USDC through additional minting and cross-chain transfers. The team is still investigating, and the subsequent impact and further details remain to be confirmed.
Cysic: Mainnet Operations Unaffected, Cross-Chain Bridge Remains Paused
Cysic has issued a service status update stating that the Cosmos explorer is temporarily unavailable, Cysic mainnet operations are unaffected, and explorer access is being restored as quickly as possible. Following the recent security incident, the cross-chain bridge remains paused. Funds related to pending cross-chain transactions remain safely held in the cross-chain bridge contract, and the relevant transactions will be processed once the cross-chain bridge is secure again.
Cosmos Hub Recovers 1.227 Million ATOM Tokens Involved in Neutron Attack
Cosmos Labs disclosed in a post that on September 22, Neutron suffered a governance attack, causing funds across protocols such as Astroport to be transferred, with approximately 1.73 million ATOM entering the Cosmos Hub. The Cosmos Hub itself was not targeted, and user funds remained unaffected. To halt further asset outflows, validators paused the network and utilized the Gaia v28.3.0 patch to transfer approximately 1.227 million ATOM from the attacker's address to a 4/6 multisig account managed by six community validators.
Cosmos Hub Resumes Block Production, Neutron Attacker Wallet Transfers 1.23 Million ATOM
According to The Defiant, Cosmos Hub resumed operations after ceasing block production for 24 hours and 48 minutes. The Neutron attacker purchased voting power for 20,199 USDC and completed staking just 12 minutes before an expedited proposal expired; the relevant wallet subsequently transferred 1.23 million ATOM.
Astroport：Neutron 上发生的攻击事件可能已经导致 Astroport 合约的管理员权限被盗
Cosmos 生态 DEX Astroport 发文表示，Neutron 上发生的攻击事件可能已经导致 Astroport 合约的管理员权限被盗，Neutron 已暂停链运行进行调查。Astroport 建议用户从所有 Astroport 资金池中撤回流动性。
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.
Akash Network Selects Solana as Blockchain Migration Target
decentralized cloud computing network Akash Network has published an article announcing the selection of Solana as its blockchain migration target. Akash provides decentralized GPU and AI computing power rental services and previously operated an independent blockchain based on Cosmos SDK. In October 2025, Akash announced plans to deprecate its existing independent chain and transition to a shared security architecture, with both the Solana and Ethereum ecosystems under consideration at the time.
Upbit will suspend ATOM deposits, withdrawals, and staking applications on October 28.
According to an announcement by Upbit, due to the Cosmos Hub network upgrade, Upbit will suspend Cosmos (ATOM) deposit and withdrawal services starting from 20:00 KST on October 28, resuming only after network stability is confirmed. At the same time, ATOM staking applications will be suspended, while unstaking applications will remain unaffected. ATOM trading services will continue normally during the upgrade, and the specific resumption time will be announced separately.
CoreWeave launches Physical AI Launchables to simplify physical AI workloads
Odaily reports: AI cloud service provider CoreWeave has announced the launch of Physical AI Launchables, unveiled at the NVIDIA GTC Berlin event. The product offers physical AI workload templates built and tested by CoreWeave engineers, aimed at robotics, autonomous vehicle, and simulation teams, enabling task launch via a single command and reducing upfront preparation work such as environment configuration, storage setup, and task scheduling.The first batch of templates covers five tools—NVIDIA Isaac Sim, CARLA, MuJoCo, NVIDIA AlpaSim, and NVIDIA Cosmos 3—supporting workflows such as data generation, model evaluation, and policy training, and integrating Cosmos Data Factory-related agent skills usable for video, image, and text data augmentation, auto-labeling, and data curation. The platform also provides specially optimized skills for coding agents such as Claude Code and Codex, supporting automatic task launch, run-status monitoring, and result retrieval.CoreWeave is also collaborating with physical AI software vendors including Cadence, Encord, and Voxel51 to bring related products onto its cloud infrastructure.
Cysic: Mainnet Operations Unaffected, Cross-Chain Bridge Remains Paused
Cysic has issued a service status update stating that the Cosmos explorer is temporarily unavailable, Cysic mainnet operations are unaffected, and explorer access is being restored as quickly as possible. Following the recent security incident, the cross-chain bridge remains paused. Funds related to pending cross-chain transactions remain safely held in the cross-chain bridge contract, and the relevant transactions will be processed once the cross-chain bridge is secure again.
The Stride chain will cease operations, and stTokens will be migrated to Osmosis for redemption
Cosmos ecosystem liquid staking protocol Stride has announced plans to wind down the Stride chain's operations in an orderly manner. Users can redeem stTokens through Stride before October 12, after which the redemption function will be suspended; once the underlying staked assets are fully unlocked, a redemption pool is expected to go live on Osmosis around November 20.stTokens will not expire, users do not need to take action before the migration, and stTokens already deployed on other chains do not need to be bridged back to Stride. stTokens such as stATOM and stOSMO, along with their corresponding underlying assets, will be migrated to Osmosis's Transmuter pool and exchanged at a fixed redemption ratio; reward accrual will cease after the migration is complete. Stride stated that Stride Labs and Stride Association have limited financial reserves, and at the current burn rate, funds are expected to be depleted by February 2027.
Block production has resumed normally, Cosmos Hub network restarts as planned
Cosmos Hub officially stated that validators have successfully restarted the Cosmos Hub network as planned, block production has resumed, and the network is operating normally. The team will continue to monitor the network status and release further updates.
Related news
Binance will reduce the maximum leverage to 5x for multiple isolated margin trading pairs starting November 10.
Binance announced that starting November 10, 2026 at 16:00 (UTC+8), it will reduce the maximum leverage multiplier for 23 isolated leverage trading pairs from 10x to 5x, involving assets such as ATOM, AVAX, BCH, DOT, HYPE, LTC, SUI, TRX, and ZEC. Following the adjustment, the margin and liquidation risk parameters for the relevant trading pairs will be updated accordingly. Binance reminds users to monitor their positions, deposit additional assets into their isolated leverage accounts or repay debts in advance to mitigate the risk of forced liquidation.
Akash Network Selects Solana as Blockchain Migration Target
decentralized cloud computing network Akash Network has published an article announcing the selection of Solana as its blockchain migration target. Akash provides decentralized GPU and AI computing power rental services and previously operated an independent blockchain based on Cosmos SDK. In October 2025, Akash announced plans to deprecate its existing independent chain and transition to a shared security architecture, with both the Solana and Ethereum ecosystems under consideration at the time.
Upbit will suspend ATOM deposits, withdrawals, and staking applications on October 28.
According to an announcement by Upbit, due to the Cosmos Hub network upgrade, Upbit will suspend Cosmos (ATOM) deposit and withdrawal services starting from 20:00 KST on October 28, resuming only after network stability is confirmed. At the same time, ATOM staking applications will be suspended, while unstaking applications will remain unaffected. ATOM trading services will continue normally during the upgrade, and the specific resumption time will be announced separately.
Native token INIT unaffected, Initia exploit may involve MoveVM Day 0 vulnerability
According to Zon monitoring, available information indicates that this security incident may have originated from a Day 0 vulnerability in Initia's MoveVM built on Cosmos SDK. The vulnerability allowed attackers to mint additional tokens on Initia L1, but does not affect the native token INIT. Before the blockchain was halted, the attacker had already transferred out approximately $2.7 million worth of AUSD, ETH, and USDC through additional minting and cross-chain transfers. The team is still investigating, and the subsequent impact and further details remain to be confirmed.
CoreWeave launches Physical AI Launchables to simplify physical AI workloads
Odaily reports: AI cloud service provider CoreWeave has announced the launch of Physical AI Launchables, unveiled at the NVIDIA GTC Berlin event. The product offers physical AI workload templates built and tested by CoreWeave engineers, aimed at robotics, autonomous vehicle, and simulation teams, enabling task launch via a single command and reducing upfront preparation work such as environment configuration, storage setup, and task scheduling.The first batch of templates covers five tools—NVIDIA Isaac Sim, CARLA, MuJoCo, NVIDIA AlpaSim, and NVIDIA Cosmos 3—supporting workflows such as data generation, model evaluation, and policy training, and integrating Cosmos Data Factory-related agent skills usable for video, image, and text data augmentation, auto-labeling, and data curation. The platform also provides specially optimized skills for coding agents such as Claude Code and Codex, supporting automatic task launch, run-status monitoring, and result retrieval.CoreWeave is also collaborating with physical AI software vendors including Cadence, Encord, and Voxel51 to bring related products onto its cloud infrastructure.
Cosmos SDK former core maintainer team Binary Builders announces shutdown, most members join Celestia
Marko Baricevic, co-founder of Binary Builders (formerly a core maintenance team for the Cosmos SDK), has announced the conclusion of Binary Builders' operations. Most of the team has since joined the modular blockchain network Celestia. Baricevic stated that he will not be joining Celestia at this time, opting instead to take a break and explore new directions. Additionally, Binary Builders will no longer accept new projects, and its operating validator nodes will be transferred to Validatus in the coming weeks.