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Cosmos Labs says it wrongly cleared the bug behind a $5.7 million six-chain hack

Published Source: The BlockRead original

Crypto Insight Summary: MANTRA Chain, which lost $3.6 million, claimed the patch was only released 20 hours before the attack began and did not identify the flaw it fixed. Crypto Insight Analysis: Direction: Bearish ATOM Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Security concerns may dent investor confidence in Cosmos ecosystem.

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Cosmos Labs says it wrongly cleared the bug behind a $5.7 million six-chain hack — Crypto Insight