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Initia pauses L1 and rollups due to minting exploit, analysts estimate $2.6 million cashed out
Initia's L1 and Rollups were paused at 15:41 UTC on October 23 due to a reported minting exploit. Analyst Spreek estimates that the attacker has cashed out $2.6 million. Ethereum records show that the funds involved stablecoin swaps and a transfer of 1,135.5 ETH.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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