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MarketPublished by KAS Watch · November 11, 2026

Initia confirms second exploit in 3 weeks with $3.27M stolen

Initia reported that an attacker utilized compromised cloud credentials to transfer $3.27 million in crypto assets. Approximately $2.16 million remains frozen on the halted network following the incident.

Why it matters for the market

This security breach highlights ongoing vulnerability risks in network infrastructure. Broader market sentiment and liquidity impacts should be monitored carefully without assuming any direct causality to Kaspa.

Original source

Cointelegraph
Source publication · November 11, 2026 · 1 verified source
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InitiaExploitSecurityMarketCrypto
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