{
  "version": "https://jsonfeed.org/version/1.1",
  "title": "Initia halts its L1 and rollups after a MoveVM mint bug lets an attacker bridge out about $2.7M · updates",
  "home_page_url": "https://pwn.watch/i/initia-movevm-infinite-mint-exploit-oct-2026",
  "feed_url": "https://pwn.watch/i/initia-movevm-infinite-mint-exploit-oct-2026/feed.json",
  "description": "On Oct 23 2026 an attacker abused a previously unknown MoveVM / Cosmos SDK bug on Initia to mint about 2 million unbacked AUSD and bridge roughly 1.4M AUSD, 105 ETH and 1.08M USDC to Ethereum, about $2.65M to $2.73M. Initia halted the L1 and its rollups at 15:41:30 UTC. Native INIT was not affected. No fix, post-mortem or restart date had been published at the time.",
  "language": "en",
  "_pwn": {
    "slug": "initia-movevm-infinite-mint-exploit-oct-2026",
    "severity": "high",
    "status": "live",
    "patchStatus": "no-fix-needed",
    "rss": "https://pwn.watch/i/initia-movevm-infinite-mint-exploit-oct-2026/feed.xml",
    "llms": "https://pwn.watch/i/initia-movevm-infinite-mint-exploit-oct-2026/llms.txt",
    "json": "https://pwn.watch/i/initia-movevm-infinite-mint-exploit-oct-2026.json"
  },
  "items": [
    {
      "id": "https://pwn.watch/i/initia-movevm-infinite-mint-exploit-oct-2026#2026-10-23-263ba8ff",
      "url": "https://pwn.watch/i/initia-movevm-infinite-mint-exploit-oct-2026#2026-10-23-263ba8ff",
      "title": "Initia halts its L1 and rollups after a MoveVM mint bug lets an attacker bridge out about $2.7M: Attacker mints unbacked AUSD via a MoveVM bug and bridges ~$2.7M to Ethereum; Initia halts the L1 and rollups at 15:41:30 UTC.",
      "content_text": "Initia halts its L1 and rollups after a MoveVM mint bug lets an attacker bridge out about $2.7M: Attacker mints unbacked AUSD via a MoveVM bug and bridges ~$2.7M to Ethereum; Initia halts the L1 and rollups at 15:41:30 UTC.\n\nSource: https://www.0xcert.com/advisory/0xCERT-2026-0267",
      "date_published": "2026-10-23T00:00:00.000Z",
      "external_url": "https://www.0xcert.com/advisory/0xCERT-2026-0267",
      "tags": [
        "high"
      ]
    }
  ]
}