Infiltrating Cosmos
2024-01-01 08:00:00 Reading

 

From rekt news by Cosmos - Espionage

In crypto, your private keys might be safe, but what about the hands that built your digital vault?

Welcome to the Cosmos Hub, where alleged North Korean agents didn't need to hack the system - they may have helped build it.

In crypto, your private keys might be safe, but what about the hands that built your digital vault?

Welcome to the Cosmos Hub, where alleged North Korean agents didn't need to hack the system - they may have helped build it.

The Liquid Staking Module (LSM), once celebrated as a milestone in decentralized finance, now stands accused of being a potential Trojan horse.

Have the guardians of Cosmos’ decentralized future inadvertently invited the fox into the henhouse?

From private communications to public repositories, this tale of alleged infiltration cuts to the heart of blockchain's promise of transparency and trust.

In a world where GitHub commits speak louder than words, how did state-sponsored actors allegedly slip past the guardians of the galaxy?

More importantly, who was asleep at the wheel while North Korea potentially typed its way into the heart of Cosmos?

Credit: Jae Kwon, Jacob Gadikian, CoinDesk

Imagine waking up to find out your favorite DeFi project was potentially built by the world's most notorious crypto thieves.

No, this isn't the plot of the latest Netflix crypto-drama. Welcome to the Cosmos Hub's reality.

The Liquid Staking Module (LSM), once hailed as Cosmos' crowning achievement, is now at the center of a storm that makes a black hole look like a walk in the park.

North Korean developers, FBI warnings, and a whole lot of "he said, she said" - this saga has it all.

As Jacob Gadikian, a former Cosmos ecosystem figure, ominously tweeted:

"It isn't about their geography or ethnicity. The people who built the LSM are the world's most skilled and prolific crypto thieves."

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