TokenPost·
Initia Says MoveVM Flaw Enabled About $2.7M in Transfers
Initia said the attacker created unsupported WETH, iUSD and USDC balances, while the total supply of INIT remained unchanged.
Also covered by 8 outlets
- The Block ↗Initia halts network after security incident as attacker reportedly mints tokens
- The Defiant ↗Agora Freezes AUSD Account Linked to Initia Exploit
- Bitcoin.com News ↗Hacker Prints $2.7M in Crypto as Initia Blockchain Grinds to a Halt
- Unchained ↗Initia Has No Restart Date After Attacker Mints Tokens and Bridges Out $2.7 Million
- TokenPost ↗Initia Halts L1 and Rollups After Security Incident.
- TokenPost ↗Spreek Says Initia Attacker Cashed Out About $2.6 Million
- TokenPost ↗Initia Halts Network After Co-Founder Estimates $2.7 Million Exploit
- TokenPost ↗Mint Exploit Reports Prompt Initia to Halt Its L1 and Rollups
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