Cosmos EVM Hacker Minted $50 Million — and Walked Away With Just $60,000

An attacker exploited a vulnerability in the Cosmos EVM to move $50 million of Nesa (NES) off the project’s chain. However, the payout came to $60,000. Blockchain analytics firm Bubblemaps traced the wallets involved. Liquidity vanished from the pools before the selling finished, and extreme slippag