Cosmos Labs says it wrongly cleared the bug behind a $5.7 million six-chain hack

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29 Aug, 20:15
Source: The Block

AI Summary

MANTRA Chain suffered a $3.6 million exploit while Cosmos Labs acknowledged incorrectly clearing a bug that enabled a $5.7 million six-chain hack, raising security concerns across the Cosmos ecosystem.

MANTRA Chain, which lost $3.6 million, claimed the patch was only released 20 hours before the attack began and did not identify the flaw it fixed.