Crypto.org blockchain validator penalized, loses over $25,500 in CRO

MoonNode, a validator operating on the Crypto.org network, suffered a penalty known as slashing after its infrastructure was compromised by a hacker who performed double-signed transactions. This resulted in a loss of 5% of the total staked CRO for MoonNode. The 5% penalty amounted to approximately 450,000 CRO, which was burned. At the time of the incident, MoonNode had around 9 million CRO staked.



The information about this incident was shared on Twitter by IcyCRO, which is a validator and a Cosmos InterBlockchain Communication (IBC) relayer for tokens like cosmos (ATOM).



The slashing mechanism employed by the Crypto.org chain differs from that of other projects within the Cosmos ecosystem. While many Cosmos chains impose penalties for downtime, the Crypto.org chain enforces an extended jail time of 24 hours. In this case, the


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