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Initia’s INIT Token Climbs 80% as Layer 1 Remains Halted After Hack

Initia said compromised Rollup infrastructure keys were used to forge IBC transfers. About $605,000 in USDC and $10,000 in other tokens moved out of a custody account.
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Initia said compromised Rollup infrastructure keys were used to forge IBC transfers. About $605,000 in USDC and $10,000 in other tokens moved out of a custody account.