Initia: Exploit

TL;DR: A $2.7 million exploit involving bridged assets triggered the halt of the Initia blockchain on October 23. Bithumb and Upbit designated INIT as a caution asset on October 26, suspending deposits and withdrawals under South Korea’s Virtual Asset User Protection Act. The asset traded near $0.1589 on October 26, accumulating an open interest in ... Read more

Evidence boundary

Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.

Sources

• https://crypto-economy.com/initia-hit-by-2-7m-exploit-as-bithumb-and-upbit-flag-init-as-high-risk/

Record history

First seen: 2026-10-26T21:36:53.000Z. Last updated: 2026-10-27T02:23:24.415Z. Revision: 1.