🚨 CRYPTO WARNING: INIT JOINS THE LIST OF BLOCKCHAIN SECURITY DISASTERS!
💀 History Is Repeating Itself — Are Investors Ignoring the Warning Signs?
Major crypto security breaches:
🔴 Ronin Network (2022): $625M
🔴 Poly Network (2021): $611M
🔴 BNB Chain Bridge (2022): $570M
🔴 Wormhole (2022): $326M
🚨 NOW INIT (2026):
⚠️ 2 reported security breaches in under 3 weeks.
💸 Approximately $3.3M in reported losses.
📉 TVL down over 90% from its peak.
🚀 INIT surged over 60% despite the latest security crisis.
FAKE PUMP OR GENUINE DEMAND?
Repeated security failures and unusual price rallies are serious red flags. The divergence deserves investigation, although manipulation has not been proven.
⚠️ A SMALLER HACK DOESN’T MEAN A SMALLER RISK.
Investors should demand answers before trusting another rally.
🚨 CRYPTO WARNING: INIT Suffers Two Security Breaches in Less Than Three Weeks — $3.3 Million Lost!
⚠️ Could INIT Become an Even Bigger Disaster Than LUNA?
Serious concerns are growing over the security, stability, and long-term future of Initia (INIT).
Despite being a relatively young blockchain project, INIT has reportedly suffered two security incidents in less than three weeks, resulting in approximately $3.3 million in losses.
🔴 Two security breaches in less than three weeks.
🔴 Total reported losses: $3.3 million.
🔴 Latest incident: At least $615,000 stolen, with blockchain operations temporarily halted.
🔴 Total Value Locked (TVL) reportedly collapsed by more than 90% from its peak.
🚨 SUSPICIOUS PRICE ACTION: FAKE PUMP OR GENUINE DEMAND?
While Bitcoin, Ethereum, Solana, and other major cryptocurrencies were declining, INIT reportedly surged over 80% despite serious security concerns.
This unusual market behavior raises important questions:
❓ Why is INIT pumping while the broader crypto market is falling?
❓ Could this be an artificial pump designed to attract investors before a major dump?
❓ How can such aggressive price growth be sustained amid repeated security breaches and collapsing TVL?
⚠️ COULD INIT BECOME WORSE THAN LUNA?
The collapse of Terra (LUNA) demonstrated how quickly investor confidence can disappear.
Although INIT operates differently, repeated security failures, declining liquidity, and unusual price movements could signal significant future risks.
There is currently no conclusive evidence of deliberate price manipulation, but these warning signs deserve serious attention.
🚨 FINAL WARNING TO INVESTORS
Investors deserve transparency, strong security, and genuine market growth — not misleading price movements.
⚠️ Don’t mistake a sudden pump for real market strength.
⚠️ Don’t let FOMO put your capital at risk.
INIT MAY BE PUMPING TODAY, BUT CAN ITS FUNDAMENTALS SUPPORT THE PRICE TOMORROW?
BTC/USDT is BEARISH (sharp decline) 🔴 Price on chart: $75.918 (-5,70%) 🔴 Support: $75.568 — if it breaks, the price could fall to $74.000–$72.000. 🟢 Resistance: $77.079–$78.014. ⚠️ The price has already broken through several support levels, and selling pressure remains strong.
Bitcoin’s mining difficulty increased 5.54% to 148.36T at block height 973,728, completing its latest adjustment at 03:14:58 (UTC+8) on October 30. According to Odaily, the previous adjustment raised the difficulty by 5.92% to 140.58T.