• Written by: Vignesh Karunanidhi
  • Wed, 08 Jun 2022
  •   Estonia

The Cosmos ecosystem’s Osmosis blockchain, which powers a massive decentralized exchange (DEX), was shut down today. The core development team and network validators terminated the chain at block #4713064 after a severe issue in its liquidity pools resulted in a $5 million exploit. The flaw was first discovered by a Reddit user, who cautioned in […]

Osmosis Under Emergency Maintenance After a $5M Exploit