Initia Chain Reportedly Attacked; Hacker Has Cashed Out About $2.6 Million With Funds Still Moving
24/10/2026 07:50:01
Bollcoin, October 23: Security analyst Spreek posted that the Initia chain appears to have been attacked, with the attacker exploiting a vulnerability to mint multiple tokens without limit. As of now, the hacker has cashed out about $2.6 million, and more funds are still being transferred. The scope of the impact and the final losses are not yet clear.