Initia Exploit Sends AUSD, USDC and Ether to Ethereum in 7 Minutes, 21 Seconds

4 outlets reporting

Your call?🐂 Bullish🐻 Bearish

1.08M USDC

CCTP transfer

$USDC

$71.6B mcap

$ETH

$2,303

-4.3%

Separate payouts came from LayerZero's AUSD and native-ETH adapters, while another 1.08 million USDC moved through Circle's CCTP.