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Friday, October 23, 2026Updated 19:22 UTC

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Initia halts blockchain after exploit reportedly drains over $2.6M

Source: Cointelegraph · Oct 23, 2026 18:39 UTC

Pile of physical souvenir Bitcoin coins — File photo antanacoins / Flickr · CC BY-SA 2.0 · Source

The Quick Take

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

Read the full story at Cointelegraph

Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to Cointelegraph.