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Initia confirms second exploit in three weeks: $3.27 million stolen

About $2.16 million remains frozen on the halted network

№ 1746Published 1 min read

Initia has confirmed its second exploit in three weeks. The attacker used compromised cloud credentials and moved $3.27 million worth of crypto assets.

About $2.16 million remains frozen, while the Initia network is suspended. Cointelegraph reports that the latest attack was linked to access to the cloud infrastructure.

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Initia confirms $3.27 million exploit | $uicideChain