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Ethereum · Latest

Network changes and ecosystem activity

3 selected reportsIn the last 30 days 3 reportsIndexed 33 reports

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Selected: Ethereum

Oct 24SatItems 1–3
  1. Cointelegraph

    Initia halts blockchain after exploit drains over $2.6M to Ethereum

    Initia suspended its layer-1 network and rollups at 3:41 p.m. UTC on Friday after security researchers identified an exploit allowing unauthorized token minting and the transfer of over $2.6 million in crypto assets to Ethereum. DeFi platform D2 Finance reported the attacker exploited a vulnerability in a Move function to mint 2 million AUSD tokens without backing, subsequently withdrawing approximately 1.4 million AUSD, 105 ETH, and 1.08 million USDC to an Ethereum wallet holding about 1,135.5 ETH, valued at $2.73 million.

    Read source cointelegraph.com
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