Crypto

Initia Confirms Second Security Exploit in Three Weeks, $3.27M Stolen

Initia suffered a $3.27 million theft after an attacker compromised cloud infrastructure.

The breach involved a command injection attack using a stolen Google Cloud Platform key.

The network was halted on Tuesday, with $2.16 million of the stolen assets currently frozen.

This is the second major exploit for Initia in less than three weeks.

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