Initia halts blockchain and rollups after reported $2.6M exploit

Initia has halted its layer-1 blockchain and rollups after security researcher Spreek reported unauthorized token minting and approximately $2.6 million cashed out by an attacker. Initia confirmed in its Oct. 23 statement that the suspension took effect at 3:41:30 p.m.…

Source: https://crypto.news/initia-halts-blockchain-rollups-2-6m-exploit/