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10/16/2024 11:31:51 AM (GMT+1)

Liquid Staking Module from Cosmos Hub raised serious security concerns after reports of participation by North Korean developers 🚨

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Serious security concerns have arisen regarding the Liquid Staking Module (LSM) of Cosmos Hub following reports that North Korean agents were allegedly involved in its development. The company All in Bits issued a security risk warning for LSM, which allows staking Cosmos Hub (ATOM) into liquid ATOM tokens. On October 16, All in Bits reported that developers linked to North Korea had been involved in the creation of LSM from the very beginning, raising questions about potential system vulnerabilities. A 2022 audit revealed critical errors, and it was the North Korean developers who handled their resolution, casting doubt on the quality of the fixes.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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