initia Chain Suffers Infinite Coinage Attack; Attackers Cash Out $2.6 Million
2026-10-23 23:47:31
According to CoinMeta, the initia chain was attacked, resulting in the unlimited minting of various tokens. The attackers have cashed out approximately $2.6 million. The attacker's Ethereum address, starting with 0xdd9, holds about 1,102 ETH tokens, valued at around $2.65 million, with initial funds coming from Tornado Cash. The attacker also holds assets worth about $4.54 million on the initia chain, including 3 million iUSD tokens, 920,000 USDC tokens, 400,000 aUSD tokens, and 95 ETH tokens.
Source:Internet
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