Cosmos EVM Hacker Minted $50 Million — and Walked Away With Just $60,000

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An attacker exploited a vulnerability in Cosmos EVM to move $50 million of Nesa (NES) tokens off the project’s chain. Liquidity vanished from the pools before the selling was finished, and extreme slippage swallowed almost the entire position. In the end, the hacker only recovered $60,000 from the $50 million minted. Blockchain analytics firm Bubblemaps traced the wallets involved in this exploit.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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