Odaily reports that Cosmos ecosystem liquid staking protocol Stride has announced plans to wind down the Stride chain's operations in an orderly manner. Users can redeem stTokens through Stride before October 12, after which the redemption function will be suspended; once the underlying staked assets are fully unlocked, a redemption pool is expected to go live on Osmosis around November 20.stTokens will not expire, users do not need to take action before the migration, and stTokens already deployed on other chains do not need to be bridged back to Stride. stTokens such as stATOM and stOSMO, along with their corresponding underlying assets, will be migrated to Osmosis's Transmuter pool and exchanged at a fixed redemption ratio; reward accrual will cease after the migration is complete. Stride stated that Stride Labs and Stride Association have limited financial reserves, and at the current burn rate, funds are expected to be depleted by February 2027.

Odaily reports that Cosmos Hub officially stated that validators have successfully restarted the Cosmos Hub network as planned, block production has resumed, and the network is operating normally. The team will continue to monitor the network status and release further updates.

Odaily News: The ZetaChain community has passed Proposal 68 with a voter participation rate of 58%, exceeding the 40% quorum threshold; both against votes and abstentions accounted for 0.3%.ZetaChain stated that the project will shift its focus to Anuma, an AI application launched in February this year, and will no longer maintain its independent Layer 1 built on Cosmos SDK. Anuma claims to have over 300,000 users and has processed 1 million requests from 35 AI models.According to the proposal, ZETA will be converted to Solana-native SPL tokens at a 1:1 ratio, retaining the original token ticker and total supply, with the existing unlock schedule unchanged; ZETA on Ethereum and BNB Chain is not included in this migration. The shutdown timeline has not yet been determined, and a second vote will be held to determine the balance snapshot block, shutdown block, token claiming, and asset withdrawal plans. The project team will not initiate the second vote until trading platforms confirm the exchange arrangements; during this period, ZETA staking will continue.

Odaily reports that venture capital firm Cosmos Ventures has officially launched, co-founded by Brendan McCord and Matt Mandel, alongside the debut of a $77.6 million inaugural fund. The firm will focus on backing "philosopher-builders" who are creating new types of organizations and institutions for the AI era.Cosmos Ventures has already invested in AIUC, Prime Intellect, Workshop Labs (acquired by Thinking Machines), and an undisclosed education company. The LP lineup for its debut fund includes Reid Hoffman, Joe Liemandt, Stand Together, Fred Wilson, Micky Malka, and Astera Institute.

Odaily Odaily News: Kraken notified customers on Tuesday that withdrawals are experiencing delays, with the cause identified but no timeline provided for a fix. This marks the second outage for Kraken within the same day, following a lag in account balance history data just hours earlier. Since September 4, Kraken has suspended deposits on more than 20 blockchain networks, including Cosmos and Celestia, which have yet to be restored. Its status page shows that 23 of 725 fund services are currently in a degraded state.

Odaily News: Cosmos Labs has released an analysis report on the EVM module security incident. Between August 20 and August 25, attackers exploited a vulnerability in Cosmos EVM to steal funds from multiple Cosmos chains. After MANTRA first issued a notification, the Cosmos security team coordinated with approximately 40 chains to assess risks and deploy mitigation measures. A total of 6 networks were attacked, with approximately $2.87 million in assets sold on DEXs after being bridged, and another approximately $2.85 million in assets sold on CEXs. The CEX accounts used by the attackers have been frozen, and related investigations are ongoing. An additional 13 potentially vulnerable networks completed patches, halted chains, or took other protective measures in a timely manner, with no further losses reported. The vulnerability was first reported as early as April 25 through the bug bounty program.

1. Waller's Jackson Hole debut summary: Inflation remains above target, the Fed still has work to do;2. CZ on the Sun Yuchen dispute: No need for personal attacks, better to resolve through legal channels;3. Bitcoin ETFs see net inflows of $2.8 billion for 8 consecutive days, marking a 10-month high in capital inflows;4. Robinhood CEO: Trump Accounts will become the default tool for US charitable donations, with funds going directly into American children's investment accounts;5. Coinbase builds AI "digital teammate" CEEcil: capable of long-term memory, proactive follow-ups, and autonomous judgment;6. Musk may donate "at least $100 million" to the Republican Party, with the US House Speaker planning to meet with him;7. Interchain Foundation establishes grant program to support chains affected by the Cosmos EVM incident;8. Zondacrypto embroiled in a $94 million scandal, Polish Prime Minister Tusk pushes for a revote on the crypto asset bill;9. fomo co-founder announces completion of first-round financing with 140 investors participating;10. Independent trader count surpasses 400,000, TradeXYZ user base reaches new level;11. US SEC sues 38 institutions for allegedly faking advisor identities and using false filings to lure retail investors;12. AI anti-fraud company Socure raises $156 million in funding, led by Summit Partners;13. Physical AI company Transfyr completes $25 million seed round, led by General Catalyst.

Odaily News: The Interchain Foundation (ICF) stated that the recent Cosmos EVM incident has impacted teams deploying on Cosmos-based technology. In response, it will establish a discretionary grant program to provide support for affected chains cooperating with remediation efforts.Additionally, the ICF will work with the community to invest resources in strengthening security practices, infrastructure, and incident response capabilities within the Cosmos ecosystem. Details of the grant program will be announced in the coming days.

Odaily Planet Daily News: MANTRA published a security incident report on August 20, stating that an attacker exploited a Cosmos EVM integer underflow vulnerability to transfer 720.924 million MANTRA tokens from two addresses, worth approximately $3.6 million at $0.005 per token. Of these, 600 million tokens came from a burn address, and 121 million tokens came from the genesis multisig address. The attack did not involve validators or admin keys. The vulnerability was fixed on the development branch on May 15 and merged into the release branch on August 19. The first abnormal transfer occurred at 11:06 (UTC+8) on August 21, and the MANTRA Chain halted at 15:13 (UTC+8) the same day, restarting under version v8.4.0 on August 22. Of the stolen funds, 683 million tokens were sent to exchange deposit addresses, while the remaining 37.96 million tokens were frozen. Fund recovery has now entered the law enforcement investigation phase.

According to Odaily, an investigation into the security vulnerability exploit of the Cosmos EVM module reveals that the primary attacker (0x9AE7) purchased $250,000 worth of NES and bridged it to Nesa Chain, exploiting a balance vulnerability to inflate holdings to 200 times their original size, then bridged approximately $50 million worth of NES back to Ethereum. The attacker's initial funding for the wallet originated from Monero. Through multiple wallets, the attacker exchanged NES for ETH on DEXs and deposited the proceeds into centralized exchanges. Due to rapid liquidity withdrawal, most exchanges suffered extreme slippage, and the attacker ultimately sold for only $315,000, netting a profit of approximately $60,000 after deducting costs.