MANTRA Chain says an attacker transferred 720.9 million MANTRA tokens, valued at about $3.6 million before the incident, from a burn address and legacy multisig in the August Cosmos EVM exploit.
Cosmos Labs says attackers exploited a critical Cosmos EVM balance flaw across six networks, moving an estimated $5.72 million through DEXs and centralized exchanges before accounts were frozen.
MANTRA Chain remains halted after an exploit in its EVM module affected two company-managed wallets, with no third-party user, exchange or partner funds reported directly impacted.
A desk-level read on Mantra’s 90% crash: how discounted OTC deals, recycled buybacks, and thin liquidity set up a one-hour $5B wipeout.