Namada, a privacy-centric public chain built on the Cosmos ecosystem, has disclosed that its protocol suffered a security vulnerability exploit. The development team has initiated a comprehensive investigation into the incident and is coordinating with relevant stakeholders to mitigate the impact.

The project has issued a direct appeal to the individual responsible for the exploit, requesting immediate contact if they are a white-hat hacker acting in good faith. This proactive outreach aims to facilitate a swift resolution and restore protocol integrity.