Initia Confirms Another Hack as Attackers Steal $3.27 Million in Three Weeks

Initia has confirmed its second security breach in less than three weeks, with attackers stealing approximately $3.27 million (roughly Rs. 30.63 crore) through a compromised Google Cloud Platform key. The November 10 incident involved a command injection attack that exposed the network’s environment variables, GitHub and cloud accounts. Attackers subsequently exploited its Anvil rollup infrastructure to execute fraudulent IBC withdrawals across five rollups. Initia said around $2.16 million in affected assets remained on its suspended network, while recovery efforts continued with law enforcement and security partners.

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