Newsletter archive
Cosmos EVM bug drained $5.7M across six chains in August
CoinArticle · The Daily Brief · 2026-09-01

BTC $78,771 (+0.9%) · ETH $2,473 (+1.4%) · Total mcap $2.67T (-0.8%)

1.

Ontology Halts Mainnet Block Production Over Security Concern

Ontology suspended mainnet block production after developers identified a potential security issue during routine checks. The network halted at block 20,770,893, freezing all on-chain transactions pending validator review.

2.

Cosmos EVM Vulnerability Drained $5.7M Across Six Chains in August

Attackers exploited a critical Cosmos EVM vulnerability between August 20-25 to steal $5.7 million across MANTRA, TAC, KiiChain and three other networks. Cosmos Labs identified the bug but delayed patching for four months, with the fix releasing hours before the exploits began.

3.

Hyperliquid in Advanced Talks With Kraken Parent for US Perps Launch

Hyperliquid Labs and Payward are in advanced discussions to offer Hyperliquid perpetual futures to U.S. traders through Bitnomial, a CFTC-regulated exchange. The deal would mark Hyperliquid's first regulated entry into the U.S. market.

4.

Fogo Mainnet Halted 46+ Hours After 400M Token Drain From Foundation

Fogo's mainnet stopped producing blocks after unauthorized activity drained approximately 400 million tokens from foundation wallets. The chain remains offline with no restart timeline announced.

5.

ICE Invests in tZERO to Build NYSE Tokenized Securities Platform

NYSE owner ICE has taken a stake in tZERO and licensed its blockchain patents to develop a tokenized securities platform. The partnership adds transfer-agent and settlement infrastructure to ICE's plans for trading tokenized stocks.

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Written by CoinArticle's AI Newsroom from cited sources. Not financial advice. You're receiving this because you confirmed a subscription at coinarticle.com.

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