Key Highlights: A security vulnerability involving third-party infrastructure provider Web3Auth compromised Keplr wallets created via Google and Apple social logins, leading to over $6 million in traced losses across tens of thousands of wallets. Cosmos Hub suffered the heaviest impact with roughly $3.5 million drained, including about 1.96 million staked ATOM transferred without observing the ...
Key Highlights: A 27-message batch transaction executed on November 7 utilized the Cosmos Hub Liquid Staking Module (LSM) to transfer staked $ATOM across multiple accounts without the standard 21-day unbonding period. The on-chain activity follows a disclosed Web3Auth infrastructure security vulnerability that exposed private keys for certain Keplr users accessing wallets via Google or Apple ...
Key Highlights: Cosmos Hub proposal terms indicate an upfront payment covers the full treasury cost for Paxos integration, with recurring and maintenance fees permanently waived at $0 per month. Paxos provides regulated custody and brokerage infrastructure powering crypto services for major institutions, including Interactive Brokers, Charles Schwab, and PayPal. The integration opens distribution potential to ...
Ledger Wallet Cosmos ($ATOM) Outage Enters Fifth Day as Network Recovers Ledger’s status page continued to list Cosmos ($ATOM) as a major outage on September 13, leaving users unable to view $ATOM balances or transaction history and unable to submit transactions through Ledger Wallet more than four days after the incident began. Incident Timeline and ...