Security
Agora Says Initia Exploit Hit Third-Party Product Using AUSD
The Defiant·October 23, 2026·1 min read
Ethereum records show 1.4 million AUSD left a bridge adapter in an exploit on Initia, a third-party product. Agora, the stablecoin issuer, says it has no smart contracts deployed on Initia, distancing itself from the incident. The funds were moved from the bridge, raising concerns about cross-chain security.
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