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2026-08-26 10:55:18 UTC

Blockchain Report on Nostr: TAC delays incident review & recovery plan due to Cosmos Labs coordination. A recent ...

TAC delays incident review & recovery plan due to Cosmos Labs coordination. A recent security vulnerability in shared Cosmos EVM modules required extra time for Cosmos Labs to ensure comprehensive remediation across affected networks. The incident on Aug 22nd saw ~2.986B TAC tokens transferred from a single TAC account after an attacker exploited a vulnerability in the Cosmos EVM precompile layer. New timeline TBD after Cosmos Labs completes security assessments & fixes. #TAC #Cosmos #Blockchain #Security