Cosmos Hub validators halt ATOM network over governance exploit on Neutron; exchanges suspend ATOM deposits and withdrawals

Cosmos Hub validators halted the network as a coordinated safety measure to mitigate potential ATOM losses from a governance exploit on Neutron, with the Hub itself unaffected. Stargaze reports no action possible until blocks resume, and exchanges including CEX.io have suspended ATOM deposits, withdrawals and trading.

Detected & updated continuously · Source: Nebula