Initia: about $2.6M exploit on initia

. Reported by public sources (confirmed by DeFiLlama). Amounts are as reported; the trace below shows what the chain says.

Initia halted its network after a reported exploit that drained about $2.6M, according to DeFiLlama and Cointelegraph. The Block reported that an attacker reportedly minted tokens during the incident, and crypto.news said the halt extended to blockchain and rollups. No attacker address has been named and the funds have not been traced. The reports indicate the incident was reported on 2026-10-23, and Initia's own post and posts from @spreekaway and @D2_Finance were cited in coverage.

Amount: about $2.6M (reported). Networks: initia.

What is known

Reported
By DeFiLlama, Cointelegraph, @initia, @spreekaway and 3 more.
Confirmed
Confirmed by DeFiLlama. The amount is as reported.
Recorded on Kadena
Not yet.
Attacker address
None attributed by a source yet.
Frozen
No freeze read on chain.
Returned
No return of funds recorded here.
Trace coverage
Not traced yet: the trace starts when a source names an address.

Sources

Timeline

  1. Post cited by the coverage: @D2_Finance link
  2. Post cited by the coverage: @spreekaway link
  3. Post cited by the coverage: @initia link
  4. Reported by crypto.news: Initia halts blockchain and rollups after reported $2.6M exploit link
  5. Reported by Cointelegraph: Initia halts blockchain after exploit reportedly drains over $2.6M link
  6. Reported by The Block: Initia halts network after security incident as attacker reportedly mints tokens link
  7. Detected from DeFiLlama: about $2.6M link

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