TAC Protocol stages small recovery after third scare in four months
TAC Protocol’s token rose off its recent all-time low by roughly 53%, following an attack two days earlier that forced validators to halt the chain. The attacker gained access through a gap and emptied a single account before the network was stopped.
The team has attributed the flaw to a shared vulnerability in the Cosmos EVM precompile layer rather than the chain’s own code.
What the attacker actually reached
The break in was noticed and flagged on August 22 via the protocol’s X account, where the chain announced that it was investigating an exploited gap on its Cosmos-based EVM side and was planning to temporarily halt the chain following the validators’ decision.
Two days later, the team disclosed that the attacker had drained a single account before the network halted all transactions at block 24,671,475.
According to TAC, the damage was contained, and only $TAC (the native token) was stolen before the chain was halted. Noticeably, the halt happened within minutes of the exploit being spotted, hinting at growth caused by earlier attacks, which hit bridged user assets rather than just the native token itself.
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