Initia - Rekt
An exploit in Initia's MoveVM allowed an attacker to spoof token balances and withdraw approximately $2.73 million in AUSD, ETH, and USDC through bridges like LayerZero and CCTP before the protocol halted its L1 and rollups. The Initia Foundation has committed funding to restore backing.
- Estimated loss
- $2,730,000
- Protocols
- Initia, AUSD, USDC
- Chains
- Ethereum, Noble
- Confidence
- High
- First seen
- 28 Oct 2026, 15:30 UTC