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North Korea-Linked Code Sparks Urgent Action from Cosmos Developers

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By on October 16, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post North Korea-Linked Code Sparks Urgent Action from Cosmos Developers appeared first on Coinpedia Fintech News

Cosmos developers are under pressure to disband the LSM after learning that North Korean actors were involved in the project. Blockchain firm All in Bits (AiB) sounded the alarm and said it has critical security vulnerabilities. The LSM which threatens the entire Cosmos staking system has therefore raised plenty of concerns about the safety of the staked ATOM tokens. In the same regard, the revelation has impacted Cosmos’ token price most likely as the price slid over 2.5%. Developers are requesting a complete checkup of the LSM to determine the degree of impact from North Korea.

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