Nesa
Hack or exploit on Aug 24, 2026 · Arithmetic Error
What happened
Nesa was exploited through a Cosmos EVM vulnerability involving inconsistent balance accounting between Cosmos EVM and the Cosmos SDK. In the shared exploit mechanism documented by Cosmos Labs, delegation of locked tokens from a vesting account through the staking precompile could cause an unchecked EVM balance underflow to approximately 2^256. The resulting artificial balance could then be used to overflow a high-balance victim account, reducing the victim balance to zero while transferring its legitimate tokens to the attacker, with no net increase in token supply. Nesa has confirmed exploitation of a Cosmos EVM vulnerability but has not publicly disclosed its Nesa-side exploit transaction or victim account, so application of the exact shared mechanism to Nesa remains strongly supported but not independently demonstrated at transaction level
Details
- Date
- Aug 24, 2026
- Kind
- Hack or exploit
- Method
- Arithmetic Error
- How in
- Smart contract bug
- Target
- Chain
- Chains
- Nesa
Reported by
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SwanBluechip, "Nesa hack, Aug 24, 2026: $50M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht055a6fcbe3/ (data as of 2026-11-01).