Cosmos Labs has advised EVM-compatible chains to halt operations due to a shared bug that has drained three networks. The bug, which was patched six days ago without a security advisory, has significant consequences for affected chains. KiiChain, one of the chains impacted, reported a loss of 148 million tokens.
Source
"Cosmos Labs Warns EVM Chains to Halt Due to Shared Bug" — The Defiant
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Defiant. Read the full original report at the link above.
The incident highlights the importance of thorough security testing and timely security advisories. The fact that two of the underlying defects remain unfixed upstream raises concerns about the stability and security of these chains.
