Cosmos Labs Halts EVM Chain Operations Amid Security Incident

Cosmos Labs has issued an advisory to affected networks to halt operations due to a security incident involving the Cosmos EVM module. The advisories, reportedly received by projects such as KiiChain, TAC, and MANTRA, point to flaws within the EVM infrastructure.

The incident raises concerns about the security of crypto DeFi protocols, token projects, and integrations that rely on the affected networks.

Cosmos Labs has not confirmed whether the incidents stem from a single vulnerability or disclosed which networks were ordered to suspend services, creating uncertainty for the affected parties.