Initia halts network after security incident as attacker reportedly mints tokens

The Block

Oct 23, 2026, 05:05 PMCrypto

23 October 20261 min read

Initia has halted its network following a security incident where an attacker reportedly minted tokens, with onchain data showing a $2.7 million ether transfer.

The blockchain project Initia has halted its network following a security incident. Onchain data reveals a $2.7 million ether transfer as the company investigates the extent of the breach.