Cosmos ecosystem builder issues an emergency alert warning about security risks in the staking module. The builder says the majority of the liquid staking module's code was written by North Korean agents, among other concerns. ATOM loses 1.4% of its value on Wednesday, down to $4.459. Cosmos (ATOM) faces security risks, according to the web3 builder All in Bits (AiB). The firm identified concerns with the Liquid Staking Module (LSM) that investors interact with to stake ATOM. The firm listed a timeline, with key concerns identified by the team, including a majority of the code being written by North Korean agents and 19 months of unaudited code changes. Cosmos didn't immediately respond to FXStreet's request for comment. ATOM trades at $4.459 at the time of writing on Wednesday, erasing part of weekly gains. AiB uncovers security risks in ATOM staking Web3 firm AiB warned crypto market participants of the risks associated with staking the ATOM token, the native crypto of the Cosmos Hub. Investors stake ATOM tokens to secure the network, and issues identified in the LSM could, therefore, negatively impact the Cosmos ecosystem.