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Cosmos Hub Hit by Rare 24-Hour Outage Amid Voting Power Exploitation

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USDC ATOM
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The Cosmos Hub experienced a prolonged period of inactivity, producing no blocks for 24 hours and 48 minutes. During this time, an attacker managed to gain voting power by purchasing 20,199 USDC and staking it just 12 minutes before an expedited Neutron proposal closed.

This allowed the attacker to potentially influence governance decisions on the network.

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