Initia halts L1 after $615K escrow exploit, token jumps 60%
Initia paused its layer‑1 blockchain on Nov 10 after unauthorized transfers of roughly $615,000 from escrow accounts, while its INIT token surged over 60% in 24 hours.
Mark Novak722
Initia paused its layer‑1 blockchain on Nov 10 after unauthorized transfers of roughly $615,000 from escrow accounts, while its INIT token surged over 60% in 24 hours.
Mark NovakGlassnode reports that 7.12 million BTC—35.4% of all issued coins—are now tied to visible public keys, reviving concerns over quantum‑era attacks.
Mark NovakA preprint study finds firms using Anthropic’s Claude Mythos Preview disclosed 120% more vulnerabilities than a Chinese control group, while repair times stayed steady.
Mark NovakWhiteBIT urges Ghanaian regulators and businesses to move beyond crypto trading and adopt blockchain for payments, tokenisation and capital markets.
Mark NovakOnramp launched a free business account featuring role‑based access and two‑person withdrawal approvals, while reporting a 33% rise in physical attacks on crypto holders in H1 2026.
Mark NovakInitia L1 was halted after an infrastructure key breach caused $615,000 in theft, adding to a $2.7 million loss from a prior attack and wiping out its TVL.
Mark NovakA pre‑mine Ethereum address active since the network’s launch moved over 2,155 ETH to a new wallet, avoiding a rapid address‑poisoning attack.
Mark NovakBinance warns that a newly disclosed iOS vulnerability, dubbed “worse_query”, may let malicious apps read crypto wallet recovery phrases and private keys on affected iPhone versions.
Mark NovakNEAR AI fixed a remote‑code‑execution flaw in the SGLang inference engine, restored its Cloud platform and revoked compromised credentials after exposing data of about 100 users.
Mark NovakLNbits has asked all self‑hosted operators to stop their instances following reported attacks, while its hosted service remains offline pending security patches.
Mark NovakCybersecurity firm CertiK recommends that exchanges impose strict dollar limits on hot wallets rather than relying solely on cold‑storage ratios, citing recent hacks and regulatory benchmarks.
Mark NovakHackers injected malware into Ethersphere's bee‑js 13.3.0 and Swarm Desktop 0.56.2 releases, targeting private keys and installing backdoors.
Mark NovakCoinkite CEO NVK defends its AI‑driven audit after a $116 million Coldcard exploit, while Bitcoin developer Luke Dashjr argues the vulnerabilities were discoverable by human reviewers.
Mark NovakBrazilian exchange Mercado Bitcoin will let users see balances as of Nov. 2 while withdrawals and trading stay halted pending further security checks.
Mark Novak