Bithumb and Upbit list Initia as risk-warning asset after MoveVM exploit

South Korean exchanges Bithumb and Upbit have designated Initia's native token as a risk-warning asset, following a MoveVM vulnerability that let an attacker mint AUSD and other assets and move about $2.7 million via a cross-chain bridge. Founder Ezaan Mangalji pointed to a bug in MoveVM's Cosmos SDK implementation. Initia's mainnet remains paused.

Detected & updated continuously · Source: Nebula