CroSat
blockchainOct 23, 2026AI summary

Agora Says Initia Exploit Involved Third-Party AUSD Product

Edited by Steinar Vigdel Kolnes, Editor, Oslo

Agora said an exploit on Initia affected a third-party product using AUSD, as Ethereum records showed 1.4 million AUSD leaving a bridge adapter.

Agora Says Initia Exploit Involved Third-Party AUSD Product

An exploit on Initia involved a third-party product using AUSD, according to Agora, as reported by The Defiant.

Ethereum records showed that 1.4 million AUSD moved out of a bridge adapter. The available details did not establish the full extent of any losses.

Agora said it has no smart contracts deployed on Initia, distinguishing the affected third-party product from its own contract infrastructure.

Source: The Defiant

Related stories