Modular blockchain platform Initia halted its network Friday after the team confirmed a security incident that compromised its operations. According to Initia co-founder Ezaan Mangalji, the attacker exploited the breach to mint an estimated $2.7 million worth of tokens. Initia Network Halted as Co-Founder Reveals an Estimated $2.7 Million Exploit As of Oct 23, 2026, []