Artistic rendering of the GitHub page where the Cosmos "reentrancy vulnerability" was described. (GitHub)

Patched Cosmos Bug Could've Put $150M At Risk, Says Firm That Reported It

Summary

Asymmetric Research disclosed a reentrancy vulnerability in the Cosmos blockchain ecosystem, potentially risking over $150 million. The bug was privately reported and patched before exploitation. The vulnerability was in ibc-go, impacting Cosmos chains and allowing potential token minting. This incident underscores the need for enhanced cross-chain security research.