Cosmos EVM loopholes affect Nesa, Kiichain, TAC and Mantra networks

Security gaps in the Cosmos EVM shared stacks affected Nesa, Kiichain, TAC and Mantra networks. The attackers used that loophole to create and bridge the Nesa chain with approximately $50 million in NES coins, which, although of great nominal value, were only about $60,000 in real profits due to insufficient liquidity. Cosmos Labs has proposed to suspend and upgrade the chain to run the affected version. Kiichain reported that the attackers had exploited the loophole 18 times, resulting in the theft of 148,326,583.15 KII. TAC and Mantra also suspended operations as a result of similar attacks。