Between August 20th and August 25th, attackers exploited a vulnerability in Cosmos EVM to extract funds from multiple Cosmos-based blockchains. We are committed to strengthening the systems and processes we rely on for security and are grateful for the collaboration of the affected teams and security researchers.
Post Mortem:
🇷🇺🇯🇵Russia says Japan could obtain a nuclear weapon with in a year.
Russian Presidential Aide Anton Kobyakov stated that Japan has the t4chnical ability and Plutonium stockpile to obtain itsvown nuclear weapons within one year.
Kremlin claims Japan's ongoing ongoing military buildup and debates over its non-nuclear principles, calling it a threat to regional security
🟥 URGENT: Critical vulnerability in Core Lightning
Blockstream developers urge users to shut down CLN Lightning nodes right NOW!
Please let everyone know!
I've been deep Cosmos for 5+ years.
Sad to see the ecosystem collapsed the way it did, but the strategic focus of Cosmos Labs is purely on institutions, so it came with a massive tradeoff.
I continue observing where it's going and still (maybe naively) believe there is always a path for recovery. A lot has crashed and burnt, and it's not been easy to sustain.
Many projects, validators, developers have surrendered, exited or migrated to other ecosystems (mostly Solana + Zcash).
The latest Cosmos EVM vulnerability is bad. Not only because it exposes technological- but also coordination issues.
In my latest video (which I've recorded before the Cosmos EVM story unfolded), I reflect a bit on that journey and what might come next.
In my view, one "positive" side effect of the brutal past 12+ months for large parts of the industry is that everyone is forced to generate revenue, otherwise we'll be washed out.
Some raw thoughts after 5+ years deep in Cosmos.
Either way, we'll run it back inshallah