Cosmos Ecosystem just dogged a major security flaw that could impact network functionalities.
Cosmos ecosystem tokens including TIA, INJ, and LUNC maintained a bullish outlook despite the security scare.
The Cosmos ecosystem, home to various decentralized protocols, recently encountered a major security challenge that placed over 20 chains at risk of a potential network-wide outage.
The Vulnerability and Affected Chains on Cosmos
CertiK, a leading blockchain security firm, identified the critical security vulnerability within the CosmWasm smart contract platform. The flaw allowed untrusted Wasm submissions on chains, potentially leading to the disruption of transaction confirmations and, in the worst-case scenario, a network-wide outage.
Some of the prominent Cosmos-based chains impacted by this vulnerability include Injective, Celestia, Cronos, THORChain, Osmosis, Kava, Terra Luna Classic, and others. Chains that permitted permissionless uploads and permissioned instantiations we
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