initia L1 Suspension of block generation; approximately 605,000 USDC coins stolen
2026-11-10 15:25:33
According to CoinMeta, the initia L1 network suspended block generation at 14:18 on November 10. The team discovered unauthorized transfers from the custodial account and immediately took protective measures. Preliminary investigations indicate that attackers used leaked rollup infrastructure keys to forge ibc transfers, resulting in the loss of approximately 605,000 USDC through noble, with an additional about $10,000 in other tokens also stolen. Most of the remaining assets in the custodial account are still on the suspended L1. The team is working with security teams, validators, and exchanges to determine the full extent of the impact.
Source:Internet
This content is for market information only and does not constitute investment advice.
Follow WalletJYS official accounts to stay updated

Hot Articles
Refresh

Dow Jones 1,000-Point Swings: CPI Reversal or Bull Trap?
22m ago

Coinbase Is the exchange safe? How can beginners in 2026 download and register?
22h ago

$TRUMP Hits New Low, Down 30% , Can It Hold?
11-09 16:29

XRP Price Outlook: Can XRP Hit $1.87 in November?
11-06 11:51

What Are the Advantages of RWA? Top 5 Benefits
11-05 17:04



