Initia loses $3.27 million in crypto after cloud key compromise
Blockchain Initia had approximately $3.27 million in cryptocurrency stolen after its infrastructure was compromised using a stolen Google Cloud key and a command injection attack. The attacker obtained further credentials and authorised fraudulent withdrawals on five rollups. Initia halted the network and said approximately $2.16 million of the stolen assets remained frozen on the halted chain.
Key facts
- Affected organisation
- Initia
- Incident type
- Hacking & intrusion
- Occurred / detected
- Not confirmed
- Scale of damage
- Approximately $3.27 million in cryptocurrency stolen, including about $2.16 million frozen on-chain
- Cause / method
- Infrastructure compromise using a stolen Google Cloud key and command injection, followed by forged rollup withdrawals
- Location
- Other countries
If your data was exposed
Exposed dataCrypto assets
- Check login and withdrawal history in your exchange app, and turn on withdrawal address whitelisting and withdrawal delays.
Timeline
- Initial estimates indicated that approximately $605,000 in USDC and $10,000 in other tokens had been moved through unauthorised withdrawals, and Initia halted its main chain.
- Initia confirmed that approximately $3.27 million had been stolen and said about $2.16 million of that amount remained frozen on the halted network.
5 related reports
- Initia Halted Again: L1 Paused After $605K Unauthorized Transfers
- Initia Says Stolen Funds Rose to $3.27M After Cloud Key Breach Led to Network Halt
- Initia confirms second exploit in 3 weeks, $3.27M stolen in latest attack
- Initia second hack explained: how $3.27M was stolen
- Initia Confirms Another Hack as Attackers Steal $3.27 Million in Three Weeks
Other incidents at Initia
Initia hack causes $2.6 million in losses and network shutdown
Impact: $2.6 million
Layer 1 blockchain Initia lost $2.6 million in a hack. The network was shut down entirely, and the specific attack method and the date of the incident have not been confirmed.
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The summary and key facts are written by AI from related reports and may contain errors. Check the original articles and the organisation’s official statements for accurate details.