According to CoinMeta, an on-chain analyst spreek reported that the blockchain layer and its token initia were attacked, resulting in abnormal and unlimited issuance of various tokens on the chain. Based on preliminary tracking, the attackers have cashed out approximately $2.6 million, and some of the involved funds are still in the process of being transferred, so the actual loss could potentially increase further. At present, the specific technical reasons for the attack, the range of tokens affected, and the final amount of loss are not yet clear. The official initia has not disclosed the complete investigation results regarding this incident yet.