Initia Reports Second Layer 1 Halt After Bridge Escrow Transfers
Initia says it halted its main blockchain after identifying unauthorised transfers from accounts holding assets bridged to rollups.
Initia said it halted its Layer 1 blockchain at 06:18 UTC on 10th November 2026 after identifying unauthorised transfers from escrow accounts holding assets bridged to several rollups. The team said it coordinated the pause with validators as a protective measure.
The announcement concerns the main blockchain, rather than only the rollups connected to it. Initia identifies escrow accounts on its Layer 1 as the source of the unauthorised transfers.
A public node operated by Polkachu returned block 23,680,323 as its latest block, timestamped 06:18:40 UTC, when checked at 10:11 UTC on 10th November. The node identified its network as interwoven-1 and reported that it was not catching up. That independently observed node state is consistent with Initia's stated halt time. It does not verify the transfers, their value or the cause of the incident.
A restart followed by another pause
Initia had announced that the Layer 1 and rollups were operational again at 05:04 UTC on 2nd November, following an earlier security halt. The latest pause came about eight days after that restart announcement.
Its 23rd October notice dated the earlier halt to 15:41:30 UTC that day. In a subsequent 24th October account, Initia said malicious code evaded its security checks because of a script-caching bug in MoveVM, its software for running blockchain programs.
The 2nd November restart notice retained withdrawal restrictions: 24-hour times for WETH and AUSD0 transfers through LayerZero, and an hourly rate limit for Noble USDC withdrawals. That earlier control does not establish how much was protected during the new incident.
Bored Node's report on Threshold's bridge pause and Aave freeze examines a separate case in which backing claims, bridge access and lending restrictions described different parts of a security response. Our Loopscale reopening report similarly distinguishes restored protocol access from individual users' accounts of successful withdrawals.
In its 9th November update, Initia had said it was investigating rollup infrastructure, had temporarily paused rollups and had not identified an impact on user funds. That notice described the Layer 1 as still live, before the main-chain halt reported the following morning.
