Osmosis Freezes 22.65 BTC from Nomic Chain Attacker's Address
Osmosis has reported that the Nomic chain was attacked, with the attacker exploiting a vulnerability in the custom forwarding mechanism to carry out a double-spending attack, generating fake receipts and exchanging them for nBTC on Osmosis. Both Osmosis and the IBC protocol were unaffected. Currently, 39.84 nBTC have been minted, with approximately 36% of its collateral stored in Alloyed BTC synthetic assets. Following the incident, the Osmosis governance sub-DAO froze deposits and withdrawals between Nomic and Alloyed BTC, and completed an emergency upgrade with validators, freezing 22.65 BTC in the attacker's address. The team will submit a governance proposal to confiscate this portion of assets and request to use the remaining BTC in the community fund to cover the shortfall and restore the full collateral of Alloyed BTC.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Ondo Finance Stops Minting USDY on Aptos and Noble

Osmosis releases a major governance proposal to convert OSMO to ATOM

Corn launches private members club for digital asset holders after Bitcoin L2 pivot

Differences Between Indodax Lite and Pro: Which is Suitable for Beginners? - Fintech World

ARM Mortgages Gain Ground as 30-Year Fixed Rate Rises to 6.85%

Has GPT Really Solved a 90-Year-Old Million-Dollar Math Puzzle?

Retail Sells More Bitcoin, Dormant Coins of OG Bitcoiners Start to Move

Taxation of Oil Superprofits: Germany Targets TotalEnergies via Brussels

15 Practical Protocols to Watch on Robinhood Chain

Analysis of $3.4 Billion USDT Inflow: Division of Labor in Southeast Asian Fraud Networks

Does becoming a federal bank protect crypto from Washington—or give Washington more control?

The Gold Fever Continues: Central Banks Accelerated Purchases in July, Who Leads the Accumulation?

10,000 AI Agents: The Navier-Stokes Proof in Just 88 Hours
![[The Secret of Zcash ②] Preventing Double Spending While Concealing Transactions](/public-static/29_4631d65680.png?format=avif)
[The Secret of Zcash ②] Preventing Double Spending While Concealing Transactions

Bitcoin just hit a decade-low S&P 500 correlation, but the daily data tells a different story

Tisaientific Wins Lawsuit for 24.1 Billion Won Against Hanbitco, Exposing Unreported Coin Hacking and Concealed Self-Trading

The Final Showdown in 2029: Ethereum's Most Urgent Quantum Resistance Marathon

"All Assets on Chain" - SBI Group Executives Discuss Financial Vision

唐华斑竹: WEEX Platform Integrates Global Asset Trading

Morpho Stablecoin Yield Strategy: The Same Curator, a 3.96% vs 7.7% Yield Difference

The Same Bitcoin Investment, Different Returns – BitPlanet

TOP-100 — New Release in November: Reputation Leaders, Major Taxpayers, and Top Industry Representatives

Cardano founder weighs OpenAI’s math breakthrough

Energy, Finance, and Global Capital Intertwined: The Federal Reserve's Policy Space Faces Multiple Constraints

300 into 2: An Experiment in Valuation of Real Protocol Revenues

Decentralized Bitcoin Poker: Satoshi's Vision Redefines On-Chain Gaming

UAE retailers begin accepting DDSC stablecoin payments in new pilot

Copper Prices Soar Amid U.S. Demand and Chilean Supply Constraints

US Crypto ETF Flows in the Red: XRP Holds Steady, Bitcoin Below $100 Billion









