Reports of Hackers Minting Tokens, Moving Millions to Ethereum
Initia halted its layer-1 blockchain and rollups after blockchain sleuths reported an exploit that allowed an attacker to mint tokens without authorization and drain more than $2.6 million in crypto assets. The network was halted at 3:41 p.m. UTC on Friday following a security incident, Initia said in a post on X. The team said … Read more