Cosmos EVM Exploit Hits Nesa, KiiChain, TAC, and MANTRA Networks

A Cosmos EVM-related exploit allowed an attacker to create and bridge roughly $50 million worth of NES tokens from Nesa Chain. Despite the large token value, collapsing liquidity and heavy slippage limited the estimated net profit to around $60,000, prompting warnings for other Cosmos EVM-based networks.