Initia Restarts L1 and Rollups After Exploit
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AI-assisted source synthesis · not an independent investigation.
A report dated November 2, 2026, said Initia had previously been shut down for more than 9 days due to a MoveVM vulnerability, with the incident causing approximately $2.7 million in losses. The network has now restarted, and the Layer-1 blockchain and its rollups have resumed transaction processing. Transfers via cross-chain bridges and trading platforms will not fully resume all at once, but will reopen in stages; withdrawals of some assets are subject to processing windows or hourly limits. The upgrade uses an independently audited MoveVM patch, and the Initia Foundation will cover losses from the stolen assets.
AI-written from reports · updated 15 hours ago
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- CryptopolitanInitia restarts network after suffering approximately $2.7M in losses from an exploit
Initia has restarted after being offline for more than 9 days due to a MoveVM vulnerability, with the Layer-1 blockchain and its rollups resuming transaction processing. Transfers via cross-chain bridges and trading platforms will resume in stages, while withdrawals of some assets are subject to processing windows or hourly limits; the upgrade applied an independently audited MoveVM patch, and the Initia Foundation covered the losses from the stolen assets.
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