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Initia Halts L1 and Rollups After Reported Mint Exploit

#ETH

TLDR — Analyst Spreek estimated $2.

Signal data▼ Bearishconfidence 90%High materiality
AssetETHEventexchange-incidentEvent timeAttention0 readers/hrNormalSmart readers0

Analyst Spreek estimated $2.6 million had been cashed out; Ethereum records show stablecoin swaps and a later 1,135.5 ETH transfer.... Read the full story at The Defiant

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