Projects on the defunct Neutron chain lose $1.8 million to governance attack, Cosmos Hub halts chain

Neutron, a blockchain in the Cosmos ecosystem that entered maintenance mode in June, suffered a governance attack when someone spent $20,200 to acquire enough NTRN governance tokens to pass a vote allowing them to take control of the Neutron-based Astroport and Drop applications, whose contracts contained a combined $9.5 million in assets.Neutron was paused shortly after the attack, and validators subsequently paused the entire Cosmos Hub network. Together, the pauses prevented the attacker from cashing out the entire amount, though they successfully made off with $1.8 million that they were able to bridge to Ethereum prior to the pause. Cosmos Hub remained paused for approximately 24 hours. During the pause, validators coordinated to move approximately 1.73 million ATOM from the attacker's wallet to a multi-signature wallet controlled by a group of companies operating network validators. "Neutron Governance Attack: Cosmos Hub Response and Recovery Update" , Cosmos Hub Forum "Neutron…