MANTRA Chain Avoids Recovery Plan in New $3.6M Incident Report
MANTRA Chain recently halted its blockchain operations following a security incident involving its Cosmos EVM module, which impacted two specific wallet addresses. The breach led to a significant decline in the value of the native MANTRA token, pushing it to a new all-time low. While the incident triggered a temporary freeze of all transactions and endpoints, the MANTRA team confirmed the vulnerability was isolated to the Cosmos infrastructure rather than the core protocol. This event highlights the systemic risks inherent in cross-chain interoperability and the reliance of RWA-focused chains on third-party modular components. Despite the technical disruption, the project remains a focal point for institutional interest, particularly following a $20 million strategic investment from Inveniam Capital Partners in August 2025. The incident underscores the critical need for robust security audits in RWA-focused blockchain networks to maintain investor confidence. The market impact serves as a reminder of the volatility associated with emerging tokenized infrastructure when underlying modules face security vulnerabilities.
- ▸MANTRA Chain halted all network activity following a security breach in its Cosmos EVM module.
- ▸The incident impacted two wallet addresses and caused the native token to hit record lows.
- ▸Inveniam Capital Partners previously committed a $20 million strategic investment to MANTRA in August 2025.
MANTRA is a Layer 1 blockchain specifically designed for the tokenization of real-world assets, built using the Cosmos SDK. It aims to provide a regulatory-compliant environment for institutional-grade assets by integrating native modules for identity verification and asset management.