Security Incident · Blockchain
TAC Contract Vulnerability: $7.50M Reported Loss
Layer 1 blockchain TAC was exploited when an attacker used a vulnerability in the shared Cosmos EVM precompile layer to drain approximately 2.985 billion TAC tokens (valued at around $7.5 million) from a single account.
- Reported loss
- $ 7,500,000
- Attack category
- Contract Vulnerability
Incident Overview
The project confirmed it was a drain (not a mint), total supply unchanged, only $TAC affected, and the flaw is not in TAC-specific code. The chain was halted at block 24,671,475; the team is coordinating with SEAL 911 and exchanges to track funds and plans to release a post-mortem and relaunch plan.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.