Initia Suffers Second Crypto Exploit in 3 Weeks, $3.27M Moved

Initia Suffers Second Crypto Exploit in 3 Weeks, $3.27M Moved

Initia confirmed its second crypto exploit in three weeks, with $3.27 million in assets stolen following a cloud infrastructure breach.

Initia Blockchain Suffers Second Hack, Loses $3.27 Million

The Initia layer-1 blockchain has suffered a second security breach in less than three weeks after an attacker exploited a compromised Google Cloud key to gain access to internal systems and authorize fraudulent withdrawals across five rollups. The incident resulted in approximately $3.27 million in stolen digital assets, raising further concerns about the network’s security […]

Initia Hit by $3.27M Exploit, Its Second in Under 3 Weeks

Layer-1 blockchain Initia confirmed its second security exploit in less than three weeks after an attacker stole about $3.27 million in crypto assets through compromised cloud infrastructure, Cointelegraph reported on 11 November. The breach forced Initia to halt its network for the second time since an October incident that drained $2.7 million. A Compromised Cloud Key Opened the Door to Five Rollups The attacker gained unauthorized access on 9…

Initia Confirms Another Hack as Attackers Steal $3.27 Million in Three Weeks

Initia has confirmed a second security breach involving compromised cloud credentials, with attackers stealing $3.27 million through fraudulent IBC withdrawals across five rollups.

Initia Says Cloud Key Breach Moved $3.27 Million in Assets

About $2.16 million remains on the halted network. Initia has not announced a restart date.

Initia Reports Second Exploit in 3 Weeks, $3.27M Stolen

Initia, a layer-1 blockchain, confirmed it has suffered its second security exploit in under three weeks, with an attacker stealing roughly $3.27 million worth of crypto assets after compromising the network’s cloud infrastructure. The latest incident underscores a persistent risk pattern for web3 systems: once attackers gain control of the cloud or developer tooling behind [...]