[1.769 Billion USDC Transferred from Binance to Unknown Wallet]
According to Whale Alert, 1,768,956,780 USDC (approximately $1.768 billion) was transferred from Binance to an unknown wallet. The specific reason remains unclear.
Initia has officially announced that its L1 and Rollup platforms have been suspended due to a security incident. The team is working with security personnel, validators, and exchanges to investigate the incident and determine the scope of the impact. Further information will be released through official channels, and users are advised to be wary of unofficial links and unverified claims.
Upbit suspends Initia (Initiat) deposit and withdrawal services
Upbit announced that due to signs of a security incident in the Initia (Initiat) network, it will temporarily suspend the charging and withdrawal services of Initia (Initiat) from today onwards. The resumption time will be notified separately.
Binance - AKE is currently priced at $0.03474, up 10.53% in the last 24 hours. 24-hour trading volume was $500 million, representing a 45.67% increase. (For reference only.)
The Initia blockchain was attacked, resulting in the unlimited minting of various tokens. The attacker has cashed out approximately $2.6 million. The attacker's Ethereum address, starting with 0xDD9, held approximately 1102 ETH, worth about $2.65 million, with initial funds from Tornado Cash. The attacker's addresses on the Initia blockchain held approximately $4.54 million in assets, including 3 million iUSD, 920,000 USDC, 400,000 AUSD, and 95 ETH.
