The Cosmos Hub resumed operations Wednesday following a nearly 25-hour network halt. The chain's first committed block after the restart executed a transfer of 1,227,121 ATOM, valued at approximately $2.1 million.
The transferred funds originated from a wallet holding proceeds connected to this week's governance attack on Neutron. The movement occurred immediately upon the network's recovery, marking the first on-chain activity since the extended outage began.
Cosmos Hub Restarts After 25-Hour Halt, Moves $2.1M in ATOM Linked to Neutron Attack
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
