# Initia halts blockchain after exploit reportedly drains over $2.6M

- Source: Cointelegraph
- Published: 2026-10-23T18:39:02+00:00
- Category: Markets
- Original: https://cointelegraph.com/news/initia-halts-blockchain-exploit-drained?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- Canonical: https://groundlevelnews.com/story/initia-halts-blockchain-after-exploit-reportedly-drains-over-2-6m-90bf0c/

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

_Ground Level News shows a short summary only; the full article and all rights belong to Cointelegraph._