{"id":13654,"date":"2026-09-24T08:06:55","date_gmt":"2026-09-24T08:06:55","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=13654"},"modified":"2026-09-24T08:06:55","modified_gmt":"2026-09-24T08:06:55","slug":"neutron-dao-passes-a-new-proposal-and-9-3m-in-crypto-disappears","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=13654","title":{"rendered":"Neutron DAO passes a new proposal, and $9.3M in crypto disappears"},"content":{"rendered":"<p><\/p>\n<div data-cs-editorial-figure-scope=\"\" data-cs-editorial-quote-scope=\"\" data-cs-image-viewer-scope=\"\" data-single-article-content=\"\">\n<p>Neutron voters passed proposal #9 on Sept. 22, with 11 \u201cUpdate Admin\u201d actions listed on the chain explorer. The same day, security tracker SlowMist recorded estimated losses of $4.9 million at Astroport and $4.4 million at Drop.<\/p>\n<p>The tracker\u2019s combined estimate of $9.3 million reflects the reported incidents.<\/p>\n<p>Neutron\u2019s governance documentation calls its DAO the network\u2019s highest governing authority and describes its power to execute messages through governance. \u201cUpdate Admin\u201d is the action identified on the proposal index.<\/p>\n<p>In practical terms, the network\u2019s governance process can change control of a contract\u2019s administrator, even when users experience Astroport or Drop as separate services.<\/p>\n<p>The proposal was titled \u201cAIATO: AI Agent Takeover. Phase 1: Agent Admin Registration.\u201d The explorer marks it as passed and lists 11 administrator updates.<\/p>\n<p>That count describes the proposal\u2019s administrative scope. SlowMist names Astroport and Drop in its Sept. 22 records.<\/p>\n<figure id=\"attachment_565420\" aria-describedby=\"caption-attachment-565420\" style=\"width: 720px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-565420\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-5eb406a5-a378-4b42-9e0d-11be2314dd1f.png\" alt=\"Infographic showing Neutron proposal 9's 11 administrator actions, SlowMist estimates of $4.9 million at Astroport and $4.4 million at Drop, and unknown final unrecovered loss\" width=\"720\" height=\"900\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-5eb406a5-a378-4b42-9e0d-11be2314dd1f.png 1122w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-5eb406a5-a378-4b42-9e0d-11be2314dd1f-240x300.png 240w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-5eb406a5-a378-4b42-9e0d-11be2314dd1f-819x1024.png 819w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-5eb406a5-a378-4b42-9e0d-11be2314dd1f-768x960.png 768w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\"\/><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"lazyload wp-image-565420\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-5eb406a5-a378-4b42-9e0d-11be2314dd1f.png\" alt=\"Infographic showing Neutron proposal 9's 11 administrator actions, SlowMist estimates of $4.9 million at Astroport and $4.4 million at Drop, and unknown final unrecovered loss\" width=\"720\" height=\"900\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-5eb406a5-a378-4b42-9e0d-11be2314dd1f.png 1122w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-5eb406a5-a378-4b42-9e0d-11be2314dd1f-240x300.png 240w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-5eb406a5-a378-4b42-9e0d-11be2314dd1f-819x1024.png 819w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-5eb406a5-a378-4b42-9e0d-11be2314dd1f-768x960.png 768w\" data-sizes=\"(max-width: 720px) 100vw, 720px\"\/><figcaption id=\"caption-attachment-565420\" class=\"wp-caption-text\">Neutron DAO approved 11 Update Admin actions as SlowMist estimated $9.3 million in combined Astroport and Drop incidents.<\/figcaption><\/figure>\n<p>The proposal shows the chain-level route to changing administrators, while the SlowMist entries show the reported financial impact at two applications. Together they point to a risk that is easy to overlook when assessing an application only by its procedures: network governance may retain consequential authority over the software it hosts.<\/p>\n<aside id=\"cs-inline-newsletter-1\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\" data-newsletter-placement=\"article-midpoint\" data-newsletter-pending-label=\"Joining\u2026\" data-newsletter-pending-status=\"Joining The Catalyst\u2026\" data-newsletter-email-required-message=\"Before sending, please provide your email address.\" aria-labelledby=\"cs-inline-newsletter-1-title\" aria-describedby=\"cs-inline-newsletter-1-copy\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\"> <i class=\"fa-regular fa-envelope\" aria-hidden=\"true\"\/> The Catalyst <\/span><\/p>\n<h2 id=\"cs-inline-newsletter-1-title\" class=\"cs-inline-newsletter__title\">What\u2019s moving crypto. Why it matters.<\/h2>\n<p id=\"cs-inline-newsletter-1-copy\" class=\"cs-inline-newsletter__copy\">Get CryptoSlate\u2019s essential stories and what to watch next.<\/p>\n<p>  <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"16\" fill=\"currentColor\" viewbox=\"0 0 16 16\" aria-hidden=\"true\" focusable=\"false\"> <path d=\"M15 3.604H1v1.891h14v-1.89ZM1 7.208V16l7-3.926L15 16V7.208zM15 0H1v1.89h14z\"\/> <\/svg> <span>Published on Substack<\/span> <\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p id=\"cs-inline-newsletter-1-privacy\" class=\"cs-inline-newsletter__privacy\">Seven days a week. Unsubscribe anytime.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<div class=\"cs-inline-newsletter__success\" role=\"status\" aria-live=\"polite\" aria-atomic=\"true\" tabindex=\"-1\"> <span class=\"cs-inline-newsletter__success-icon\" aria-hidden=\"true\"\/><\/p>\n<div>\n<h3 class=\"cs-inline-newsletter__success-title\">Check your inbox.<\/h3>\n<p class=\"cs-inline-newsletter__success-copy\">Your signup request was sent. If confirmation is required, follow the email from Substack.<\/p>\n<p class=\"cs-inline-newsletter__success-hint\">Look in spam or promotions if you don\u2019t see it.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/aside>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Audited DeFi protocols lost $885M to attacks that occurred completely outside their audit scopes<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<h2>What remains recoverable<\/h2>\n<p>The incident estimates leave the final loss unsettled. Protos reported on Sept. 23 that network halts stranded most of the initially affected assets and that the attacker had extracted around one-fifth at the time of its report.<\/p>\n<p>A network halt can contain assets without returning them to users. The reported extraction share measures movement beyond halted networks, but it gives a different view from the incident estimates for application funds.<\/p>\n<p>A final recovery figure requires knowing which assets remain contained, which have been restored, and which have left defenders\u2019 reach. Withdrawal from an application, movement between networks, containment during a halt, and eventual return to a user account are key steps.<\/p>\n<p>For affected users, the unresolved issue is how much of that reported value can actually be returned.<\/p>\n<\/div>\n<p>Crime,Featured,Governance,Hacks,AIAI#Neutron #DAO #passes #proposal #9.3M #crypto #disappears1790237215<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Neutron voters passed proposal #9 on Sept. 22, with 11 \u201cUpdate Admin\u201d actions listed on the chain explorer. The same day, security tracker SlowMist recorded estimated losses of $4.9 million at Astroport and $4.4 million at Drop. The tracker\u2019s combined estimate of $9.3 million reflects the reported incidents. Neutron\u2019s governance documentation calls its DAO the<\/p>\n","protected":false},"author":1,"featured_media":13655,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[7099,1065,62,70,5260,7098,3542,1008],"class_list":["post-13654","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum","tag-9-3m","tag-ai","tag-crypto","tag-dao","tag-disappears","tag-neutron","tag-passes","tag-proposal"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Neutron DAO passes a new proposal, and $9.3M in crypto disappears - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Neutron voters approved 11 contract admin changes as Astroport and Drop suffered an estimated $9.3 million in losses, putting governance control and fund recovery in focus.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=13654\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Neutron DAO passes a new proposal, and $9.3M in crypto disappears\" \/>\n<meta property=\"og:description\" content=\"Neutron voters approved 11 contract admin changes as Astroport and Drop suffered an estimated $9.3 million in losses, putting governance control and fund recovery in focus.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=13654\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-24T08:06:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/neutron-bridge-collapse.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13654\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=13654\",\"name\":\"Neutron DAO passes a new proposal, and $9.3M in crypto disappears - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13654#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13654#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/neutron-bridge-collapse.webp\",\"datePublished\":\"2026-09-24T08:06:55+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Neutron voters approved 11 contract admin changes as Astroport and Drop suffered an estimated $9.3 million in losses, putting governance control and fund recovery in focus.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13654#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=13654\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13654#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/neutron-bridge-collapse.webp\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/neutron-bridge-collapse.webp\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13654#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Neutron DAO passes a new proposal, and $9.3M in crypto disappears\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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