Initia is having a really rough time—there are suspected security issues on-chain, and the team has halted operations on both L1 and Rollup.
Upbit and Bithumb have followed suit, suspending INIT deposits and withdrawals and issuing alerts. Apparently, a vulnerability was exploited to mint additional tokens, and the attacker has already cashed out around $2.6 million.
This market really never gives us a break. If you hold INIT, please be careful.
$BTC
$ETH
#SecurityIncident
Upbit and Bithumb have followed suit, suspending INIT deposits and withdrawals and issuing alerts. Apparently, a vulnerability was exploited to mint additional tokens, and the attacker has already cashed out around $2.6 million.
This market really never gives us a break. If you hold INIT, please be careful.
$BTC
$ETH
#SecurityIncident