Initia Halts Network as MoveVM Bug Enables $2.7M Cross-Chain Exploit An attacker minted unbacked tokens on Initia's Layer 1 and bridged assets to Ethereum through LayerZero adapters, leaving the chain offline without a restart timeline. $INIT $ETH $AUSD $USDC

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#INIT #ETH #CryptoSecurity #Hack #Initia