Osmosis provides update on Nomic security incident

Osmosis reported a vulnerability in Nomic's custom forwarding mechanism that allowed for nBTC double-spending. The team has frozen 22.65 BTC associated with the attacker's address and plans to use the community pool to restore Alloyed BTC reserves. Inbound and outbound channels for Nomic and Alloyed BTC on Osmosis remain suspended following an emergency upgrade.