Initia halts blockchain after exploit reportedly drains over $2.6M

CoinTelegraph · Fri, 23 Oct 2026 18:39:02 GMT

Hype 5/100 · Market impact 50/100 · Breaking 64/100

Tags: ETH

After security researchers detected unauthorized token minting and millions in assets being moved to Ethereum, Initia suspended its layer-1 blockchain network and associated rollups.

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