TAC said in a post on X that an attacker exploited a vulnerability in the Cosmos EVM precompile layer and transferred 2,985,651,403 TAC from a single account on the TAC network. The project later halted the network at block height 24,671,475 to stop the attack from continuing. The update identifies the attack vector, the affected scope as a single account, and the exact amount moved. TAC did not disclose additional details in the brief statement provided here. The notice was cited by ChainCatcher as a 7x24 market bulletin.
According to ChainCatcher, TAC said in a post on X that an attacker exploited a vulnerability in the Cosmos EVM precompile layer and transferred 2,985,651,403 TAC from a single account on the TAC network.
The project then halted the network at block height 24,671,475 to prevent the attack from continuing.
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