Initia Audits Proposed Fix for Oct. 23 Security Vulnerability

Initia has drafted a fix for a vulnerability discovered Oct. 23 and is auditing it with security partners, advancing plans to restore support for affected assets and restart its blockchain and rollups. The Oct. 23 exploit prompted Initia to halt its layer 1 network and rollups. About $2.7 million in assets moved to Ethereum before the pause and were later exchanged for 1,135.52 Ether (ETH). Initia had previously expected to complete a fix and security audit within days. The proposed repair is now under review.

Source: TokenPost