Saga — Cyber Attacks, Breaches & Threat Activity

Overview

Saga is a blockchain company that operates SagaEVM, an Ethereum Virtual Machine–compatible environment for running smart contracts. A security incident resulted in a $7 million exploit that drained funds to the Ethereum network, prompting Saga to halt SagaEVM and other EVM-related services, highlighting cybersecurity risks facing EVM-compatible platforms and DeFi ecosystems.

Related Threat Clusters

• Cosmos Labs Discovers Vulnerability in Saga Blockchain; Patch Released

  On March 10, 2026, Cosmos Labs disclosed a security vulnerability affecting certain blockchains built on the Cosmos EVM Stack, specifically impacting the Layer 1 blockchain Saga in a production environment. A security…

  4 articles · Updated March 10, 2026
• Saga Halts EVM Blockchain After $7 Million Exploit

  Saga has suspended its SagaEVM blockchain operations following a hacking incident that resulted in losses of nearly $7 million. The breach was isolated to a chainlet, and the company is currently investigating the…

  2 articles · Updated January 22, 2026

Recent Intelligence Reports

• Cosmos disclosed the discovery of a security vulnerability, Saga is affected and has released a patch — Chaincatcher · March 10, 2026
• Cosmos discloses security vulnerability; Saga affected and has released a patch — Bitget · March 10, 2026
• Saga Halts SagaEVM After $7M Exploit Drains Funds to Ethereum — Dailycoin · January 22, 2026
• Saga Halts EVM Blockchain After $7 Million Hack — Binance · January 21, 2026

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