Initia Discloses Attack Details: MoveVM Cache Vulnerability Led to About $2.7 Million Transferred Out
2026/10/25 02:00:01
Bollcoin, October 24: Initia posted on X that at 22:59 (UTC+8) on October 23, an attacker exploited an Initia MoveVM script caching vulnerability to bypass security checks and forge MoveVM state, crediting itself with WETH, iUSD and USDC that had no actual backing; the total supply of the relevant tokens did not change, INIT was not minted, and its total supply was unaffected.