Namada said it experienced a vulnerability-related security incident after on-chain data showed about 228,517 ATOM reached a Cosmos Hub address on June 18.
According to NS3.AI, the address was drained within hours through IBC transfers and multiple outgoing transactions.
Namada has not disclosed the type of vulnerability, how the attack was carried out, or the specific scale of losses.
Namada Reports Vulnerability Incident After 228,517 ATOM Sent to Cosmos Hub Address
2026-06-20 10:47:17
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