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Initia Suspends Blockchain Operations Following $2.6M Exploit Incident

Crypto News

Initia Suspends Blockchain Operations Following $2.6M Exploit Incident

Initia Pauses L1 and Rollups After Reported $2.6M Exploit

Crypto Breaking News

Initia Pauses L1 and Rollups After Reported $2.6M Exploit

Initia, a layer-1 blockchain built to support interconnected rollups, has halted operations after researchers reported an exploit that allegedly enabled an attacker to mint unauthorized tokens and...

Initia Suspends Blockchain After Reported $2.6M+ Exploit Drain

Crypto Breaking News

Initia Suspends Blockchain After Reported $2.6M+ Exploit Drain

Initia has paused operations of its layer-1 network and rollups after security researchers reported an exploit that allegedly enabled unauthorized token minting and the drainage of crypto funds....

Initia halts blockchain after exploit reportedly drains over $2.6M

Cointelegraph

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.

Initia Halts Blockchain After Researcher Reports $2.6 Million Exploit

The Crypto Times

Initia Halts Blockchain After Researcher Reports $2.6 Million Exploit

Initia halted its Layer 1 blockchain and rollups after a security incident, as researcher Spreek reported unauthorized token minting and $2.6 million in cash-outs.

Initia Halts L1 and Rollups After Reported Mint Exploit

The Defiant

Initia Halts L1 and Rollups After Reported Mint Exploit

Analyst Spreek estimated $2.6 million had been cashed out; Ethereum records show stablecoin swaps and a later 1,135.5 ETH transfer.... Read the full story at The Defiant

Initia exploiter shifts over $2.7 million in ETH seconds after network halt

Cryptopolitan

Initia exploiter shifts over $2.7 million in ETH seconds after network halt

An Initia exploit address sent about 1,135 ETH, worth over $2.7 million, to a second wallet five seconds after Initia halted its L1 and rollups.

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