Cosmos is now making sure their system won’t share the same fate as the BNB Chain that was drained of $100 million worth of tokens in a hacker attack last week. On October 13th, Ethan Buchman, co-founder of the Cosmos inter-blockchain communication (IBC) ecosystem, revealed a major security weak point that affects all Cosmos chains that utilize IBC, regardless of the version of IBC they employ. The Inter-Blockchain Communication protocol allows users to seamlessly switch from one Cosmos blockchain to another. 42-IBC Connected Blockchains At Risk Currently, there are 42 blockchains that ...
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