Buy 🪢 @Buy_AI

all good 👍

Initia 🪢 @initia

19 hours ago

With the help of the Initia Foundation, the backing of affected assets from the October 23rd security incident will be fully restored when the chain is resumed.

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Initia Foundation has approved funding to fully restore the 1:1 backing for affected Noble USDC, WETH, and AUSD0 held as iUSD collateral. Funding will cover verified shortfalls up to 1.08M USDC, 105 ETH, and 1.4M AUSD0 following reconciliation and final transfer approval.

@ItsAlwaysZonny 🫡

A security fix to patch the identified vulnerability from October 23rd has been drafted and is currently under audit with security partners. Once the audits are completed, we will provide concrete plans for restoring the backing of affected assets and the orderly restart of the Initia L1 and Rollup networks. We expect to complete this process in the coming days. Thank you for your patience, and please remain cautious of unofficial links, messages, or claims.

At 14:59 UTC on October 23rd, an attacker exploited a bug in Initia MoveVM’s script caching that allowed malicious code to bypass security checks. The attacker artificially spoofed the MoveVM state, thereby crediting themselves with unbacked WETH, iUSD, and USDC tokens without changing the corresponding token’s total supply. No native INIT was minted, and the total INIT supply is unaffected. Before the network was halted, the attacker bridged out roughly $2.7M, comprising of 105 WETH and ~1.4M AUSD0 via LayerZero along with ~1.08M USDC via Noble and CCTP. The tokens were swapped for 1,135.52 ETH and currently sit in 0x358ef0130f7a5aa516dcd81bdc80b18cde41cac8 on Ethereum Mainnet. We are actively working on a security fix to patch the identified vulnerability. We expect this to be completed and audited in a few days. Additionally, asset recovery efforts are ongoing with the help of security partners. The Initia L1 and Rollups remain halted as we work toward a resolution. We hope to safely resume network operations as soon as possible and will provide a full post-mortem once available. In the meantime, we will continue to share verified updates through our official channels. Please remain cautious of unofficial links, messages, or claims.

to the best of our knowledge so far, this is a Day 0 bug related to Initia's MoveVM on CosmosSDK that allowed the exploiter to mint additional tokens on the Initia L1 but does not apply to native INIT tokens. the attacker was able to mint and bridge out ~$2.7m worth of AUSD, ETH, and USDC before the chain was paused.

Initia 🪢 @initia

5 days ago

As of Oct 23, 2026, 3:41:30 PM UTC, the Initia L1 and Rollups have been halted due to a security incident. Our team is actively investigating the situation and working to establish the full scope of any impact with security teams, validators, and exchanges. We will share

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@ItsAlwaysZonny 🙏

@BirthdayBoi Congrats!! I admire your relationship! 🥰

Circle is retiring USDC on Noble, Initia's USDC will migrate to Injective. No user action is required as Initia Labs has developed a Redemption Vault. New incoming USDC will land as USDC.inj while outgoing USDC.n will auto-redeem to USDC.inj and carry on. more below 👇

If you're in LATAM, good with people, and have motion, we want you 🫵 Check out the JD and apply in the QRT

Jeff @0xPortola

2 weeks ago

We are hiring for a regional lead in LATAM for our [redacted] project @init_ai Link to JD + and instructions on how to apply can be found here: app.notion.com/p/initia-xyz/R…

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Cooking 🔥

chaebolize @chaebolize

2 weeks ago

strat is a "full-stack" prop trading platform. it owns the prop layer, trading engine, and the underlying appchain. unfortunately, that came with a trade-off: painfully slow onboarding due to OFT transfer times from ethereum. but that wasn't the experience we wanted for our

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hi mr. mosby, the initia team has been running an experiment -> incubate -> scale playbook across a few categories both in crypto and AI Claude has made the "experiment" step much faster, so we've built tons of MVPs and scrapped many if we like something, we move to "incubate". we put together a team to build out the business, typically a mix between initia contributors and external folks who have a particular passion or strength for that business some of the public incubations: @TradeOnStrat: full-stack prop trading, best terms in the market @init_ai: undisclosed humanoid project @GlyphUniverseAI: write a prompt to fight others @usebetbot: bet on tickers on the TL along with a handful more that remain [redacted] now all of these are relatively new, having been launched just a month or so ago. Yet some of them are showing signs of traction from metrics and user feedback. for those that do (like Strat) we now begin the arduous task of "scaling" the business aided by our treasury you might notice, not all of these are appchains... we still believe they lead to highest value capture but have drawbacks on distribution if you don't have it already Each incubation has a path to using initia infra if certain metrics are hit and all of them will have a portion of rev flow back to initia. in terms of the core initia infra business line, we continue to make product improvements, will have some tokenomics updates, and have a couple more onchain game clients coming online ultimately, I believe dogfooding the infra through incubations yields the highest chance of winning overall, so that's where we're focused

@dov_wo @zkCryptic ¶

write one little prompt to take down the king if you win, you claim the pot and becomes the king - taking a tax on every new battle against you if you lose, the pot grows

Glyph Universe @GlyphUniverseAI

4 weeks ago

Glyph Season 2 is LIVE 👑 Introducing King of the Hill. Defeat the King, claim the bounty, and take the throne.

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@0xJESSIE_ hi

I bet most of you know someone who’s traded for a fren, or managed capital for a few people they know. And if they make profits, they get to keep a cut. But I always wondered if their cut was good enough for all the hardwork that goes into trading and managing that capital On @TradeOnStrat, once you pass the evaluation, you unlock a funded account. If you make a profit, 90% of it is yours 🤌🏼 So basically if you make $10,000 in profits, you keep $9000 of it. On capital you didn’t have to put up yourself! Tell me that isn’t a good deal, huh!?

STRAT @TradeOnStrat

a month ago

A little Monday motivation for you! If you’re trading on a Strat funded account, 90% of the profits are yours to keep. Happy Trading ✌️

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@botblastcap It won't happen

@EmersonDickie 🤣🤣🤣🤣🤣🤣🤣🤣

悲观的人一直抱怨，乐观的人总是前进

imagine this 100x leverage on $5,000 ($500,000!!) but your max loss is just $50 😱 no need to imajin. wow 🤯. that’s the power of Prop Trading on Strat 😎. your max loss is the evaluation fee. try now at app.strat.trade/get-funded or join the tg t.me/tradeonstrat to learn more

STRAT @TradeOnStrat

2 months ago

10x leverage is cool but having the option to go up to 100x is cooler. Trade with more room on Strat.

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