Layer2
Initia Halts L1 After MoveVM Bug Lets Attacker Mint $2.7M
COINOTAG·October 24, 2026·1 min read
Initia halted its L1 and rollups on October 23 after a MoveVM bug let an attacker mint $2.7 million. The on-chain trail and exchange response, mapped. The halt aims to contain the exploit and assess the impact on the network.
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