Namada suffered an attack, with over 220,000 ATOM flowing into a Cosmos Hub address before being transferred out

According to Odaily, the privacy-focused public chain project Namada officially stated that the protocol encountered a vulnerability attack incident. The team is currently investigating and has contacted relevant parties to assist in handling the matter.Officials stated that if the operator behind this attack is a white hat hacker, they hope the individual will proactively contact the team to further understand the vulnerability and facilitate a resolution.On-chain data shows that some ATOM assets related to the incident were allegedly transferred to a Cosmos Hub network address via IBC (Inter-Blockchain Communication protocol). According to on-chain tracking information, this address received approximately 228,517 ATOM on June 18. The funds were subsequently drained within hours through IBC transfers and multiple outgoing transactions. Currently, only a small balance remains in this address.As of now, Namada has not disclosed the type of vulnerability, the attack method, or the specific scale of losses. The relevant investigation is still ongoing.