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      Osmosis: Nomic Chain Suffers nBTC Double-Spend Exploit; 22.65 BTC Frozen in Attacker’s...

      Osmosis: Nomic Chain Suffers nBTC Double-Spend Exploit; 22.65 BTC Frozen in Attacker’s AddressOsmosis said an exploit on the Nomic chain allowed an attacker to double-spend nBTC and send fake vouchers to Osmosis. Osmosis and IBC were not compromised.39.84 nBTC, representing about 36% of Alloyed BTC’s backing, is affected. Osmosis has paused inflows and outflows, while an emergency upgrade froze 22.65 BTC in the attacker’s address.Osmosis plans to seek governance approval to seize the frozen assets and use BTC from the community pool to restore full backing.

      Source: Wu Blockchain
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud