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Techub News reports that Cosmos Labs posted on X platform, stating that it recently discovered a vulnerability affecting some blockchains built on the Cosmos EVM Stack. This vulnerability has already impacted the L1 blockchain Saga in a production environment. Cosmos Labs collaborated with Saga and ecosystem partners to conduct an investigation and coordinate the implementation of mitigation measures, and has now released a security patch for the affected blockchains.
Techub News reports, according to CertiK monitoring, the approximately $6.2 million stolen in the Saga attack has begun to be moved. All stolen funds were first dispersed into 5 wallet addresses before being sent to the Tornado Cash mixer, after which the attacker proceeded to mix the funds through multiple Tornado Cash deposits. Saga discovered and responded to a security incident affecting the SagaEVM chain on January 21st, where approximately $7 million worth of USDC, yUSD, ETH, and tBTC was transferred to the Ethereum mainnet.
Techub News reports that on January 21, Saga identified and responded to a security incident affecting the SagaEVM chain. The incident involved a coordinated sequence of contract deployments, cross-chain operations, and subsequent liquidity extraction. Out of an abundance of caution, SagaEVM has been paused at block height 6,593,800. Approximately $7 million worth of USDC, yUSD, ETH, and tBTC was transferred to the Ethereum mainnet. Saga stated that it is collaborating with exchanges and cross-chain bridge platforms to blacklist the relevant attack addresses and facilitate asset recovery, while also repairing and reinforcing the affected cross-chain and deployment components. This incident did not involve a consensus mechanism failure, validator compromise, or private key leakage.
Techub News, Solana Mobile will cease support for the first-generation encrypted smartphone Solana Saga and will no longer provide software updates for it, offering only "general advisory" support in the future. The support cycle for Saga lasted just over two years, significantly shorter than that of Apple and Google devices. Solana Mobile's focus has now shifted to the second-generation phone, Seeker, which will receive ecosystem tokens in the future.
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