Initia halts L1 and Rollups after reported $2.6M infinite-mint exploit

Initia's L1 and Rollups were halted as of 15:41:30 UTC on October 23, 2026, according to the project's official statement, as it investigates a security incident. The chain was reportedly exploited in an infinite-mint attack allowing attackers to create unlimited tokens, with roughly $2.6M cashed out so far.

Detected & updated continuously · Source: Nebula