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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.