Initia Halts Network After Security Incident
Initia halted its layer 1 blockchain and rollups on Friday following a security incident. Blockchain researcher Spreek initially estimated the attacker had cashed out roughly $2.6 million, with more funds in transit.
Initia, a blockchain built to support interconnected chains, halted its layer 1 blockchain and rollups on Friday after a security incident.Blockchain researcher Spreek initially estimated that the attacker had cashed out roughly $2.6 million and had more funds in transit. Onchain data shows a singl…