Layer-1 blockchain network Initia confirmed Wednesday that it has suffered its second security exploit in less than three weeks, with an attacker stealing about $3.27 million in crypto assets after compromising the platform’s cloud …
Tag:
Initia
- Bitcoin & Ethereum
Initia Halts Blockchain After $615K Leaves Bridged Asset Escrows
by adminby adminMost assets moved from Initia’s escrow accounts remained on the halted L1, leaving their status tied to the network’s recovery process. Initia, a network designed for interwoven optimistic rollups, has halted its layer 1 …
