Cosmos Hub Recovers 1.227 Million ATOM Following Neutron Governance Attack: Full Incident Analysis

Following a governance attack on Neutron that siphoned approximately 1.73 million ATOM to Cosmos Hub, validators halted the network for 24.5 hours. This action enabled the recovery and secure transfer of 1.227 million ATOM to a multi-signature address. The remaining ~500k ATOM, swapped for ETH via THORChain, is unrecoverable. Recovered funds await return pending governance approval.

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U.S.-Iran Talks Show Progress: 7-Day Plan to Reopen Strait of Hormuz Revealed Amid Diplomatic Push

U.S. and Iranian officials are engaged in "active and constructive" talks, following Tehran's proposal to reopen the Strait of Hormuz and resume negotiations within a seven-day framework. Washington notes it is not rushing a deal, as nearly 40 million barrels of oil recently transited the strait under U.S. escort. Both sides report progress, though details remain undisclosed.

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