Cointelegraph·Cointelegraph by Nate Kostar·4h agoBreaking

Initia halts blockchain after exploit reportedly drains over $2.6M

The blockchain suspended its layer-1 network and rollups after security researchers identified unauthorized token minting and millions in assets transferred to Ethereum.

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💬 Discussion: Initia halts blockchain after exploit reportedly drains over $2.6M The blockchain suspended its layer-1 network and rollups after security researchers identified unauthorized token minting and millions in assets transferred to Ethereum.

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