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Neutron governance proposal manipulated and stolen $4.4 million, Cosmos Hub suspends chain and recovers assets

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A governance proposal for the Cosmos ecosystem protocol Neutron was manipulated, with attackers spending approximately 20200 USDC to buy NTRN and pledging 31.6 million NTRN to pass the proposal. Subsequently, they obtained contract management rights and stole approximately 4.4 million US dollars in assets. Cosmos Hub validators coordinated the shutdown for nearly 24 hours and 48 minutes, and during the restart process, approximately 1.23 million ATOMs were transferred from the attacker's wallet to a new address to return to the rightful owner. (Source: The Defiant)

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