Analyst reports suspected token minting attack
Pseudonymous security analyst Spreek reported a suspected attack on the Initia chain, alleging unrestricted token minting, according to an Oct. 23 BlockBeats report. The analyst said the attacker had cashed out about $2.6 million and that additional funds were still being moved.
Source: BlockBeats, 2026-10-23 15:42:57 UTC.