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Project Overview
Osmosis is an interchain DEX built on its own sovereign Layer-1 blockchain in the Cosmos ecosystem. It enables developers to design and deploy customized AMMs by using its various modules and leveraging Osmosis' on-chain governance system.
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Gravity Bridge attacker deposits 1,180 ETH into Tornado Cash again
According to on-chain security firm CertiK (@CertiKAlert), the Gravity Bridge attacker recently deposited another 1,180 ETH (approximately $2.06 million) into Tornado Cash. Earlier, on May 30, the attacker exploited the permissionless deployERC20() function by forging the Osmosis token string, tampering with the token registry, and mapping fake balances to real custodial assets—thereby stealing approximately 2,600 ETH (around $5.4 million) from Gravity Bridge. To date, 2,020 ETH of the stolen funds have been transferred to Tornado Cash via two externally owned accounts (EOAs); the remainder has been dispersed across centralized exchanges, making fund recovery significantly challenging.
Cosmos Hub’s proposal to integrate Osmosis failed to pass governance, and Osmosis will continue operating independently.
According to official announcements, the Cosmos Hub’s proposal to integrate Osmosis narrowly failed to pass governance. Osmosis stated that although the outcome is not the option it believes best for Cosmos, it thanks the community, validators, and all parties who participated in the discussion. Osmosis emphasized that it will continue operating as an independent, revenue-generating blockchain. Over the coming weeks, the team will advance Osmosis’s next-phase roadmap, prioritizing user security and business continuity; further details regarding the protocol and team plans will be announced shortly.