Kiripto
NewsCrypto prices
Back to all news ←
Crypto

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.

Share this story
WATGX
Initia halts blockchain after exploit reportedly drains over $2.6M
Image: Cointelegraph

Story summary

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

Follow the latest stories from trusted publishers with concise summaries. Open the original source link for details.

Read at source