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Hacker Prints $2.7M in Crypto as Initia Blockchain Grinds to a Halt

News.Bitcoin.com
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Hacker Prints $2.7M in Crypto as Initia Blockchain Grinds to a Halt

Modular blockchain platform Initia halted its network Friday after the team confirmed “a security incident” that compromised its operations. According to Initia co-founder Ezaan Mangalji, the attacker exploited the breach to mint an estimated $2.7 million worth of tokens. Initia Network Halted as Co-Founder Reveals an Estimated $2.7 Million Exploit “As of Oct 23, 2026, […]

Key Takeaways

  1. Modular blockchain platform Initia halted its network Friday after the team confirmed “a security incident” that compromised its operations.
  2. According to Initia co-founder Ezaan Mangalji, the attacker exploited the breach to mint an estimated $2.7 million worth of tokens.
  3. Initia Network Halted as Co-Founder Reveals an Estimated $2.7 Million Exploit “As of Oct 23, 2026, […]
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.