Published Oct 25, 2026, 3:45 PM ET · Updated 19 days ago · 1 source

Initia hack drove its USDC bridge reserve down to $63 as withdrawals failed

CryptoSlate
CryptoSlate
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Original Report

Bitquery linked failed exits to depleted backing for Initia balances as the project outlined a patch and ongoing recovery work. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox