KiiChain just got rekt for 148 million KII tokens — same exploit hit 18 wallets like clockwork, and Cosmos Labs is now telling affected EVM chains to pull the plug. MANTRA and TAC already fell to the same bug class this week. Classic move: patch dropped on the down-low, no warning, then chaos. Retail finds out last, as always.
▪️ Attacker drained 148,326,583.15 KII from wallets on Aug 22, repeating the same trick 18 times — not a one-off, a pattern.
▪️ KiiChain caught it internally, halted at block 9,355,723 — stopped the bleeding, but only after the damage was done.
▪️ Vulnerability lives in the shared Cosmos EVM module: underflow in the staking precompile, plus two other bugs they're keeping quiet about.
▪️ Fix for one of the three flaws went public Aug 19, but nobody flagged it as critical — affected chains got zero heads-up.
▪️ TAC saw 2,985,651,403 TAC moved between accounts — no new tokens minted, just TAC getting shuffled like a deck of cards.
▪️ MANTRA paused for 30 hours, user funds safe, but same bug class was exploited there too — lucky or just slow?
📊 KII drained:
148,326,583.15 KII📊 TAC moved:
2,985,651,403 TACIf you're holding anything on a Cosmos EVM chain with vesting accounts enabled, your bags are sitting on a time bomb until the full patch lands. KiiChain says the fix is ready, but validators need to upgrade — and you know how that goes: weeks of 'we're on it' while the exploit sits in the open. Cosmos Labs still hasn't named the other chains at risk. Don't be the exit liquidity for the next hack. Move your shit or watch it vanish.
💬 «The root cause had been identified, reproduced and fixed. The vulnerability was in the shared Cosmos EVM module, rather than KiiChain-specific code.» — KiiChain statement
🔮 Three bugs, one public fix, zero coordination — and the retail bagholder always finds out last. You're welcome.
@exverse_chat
