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October 27, 2026 8:34 am
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Layer-1 blockchain Initia (INIT) said it has completed a patch for a security vulnerability identified on Oct. 23 and is now undergoing audits by its security partners. Once the audits are complete, Initia plans to share detailed steps for restoring affected assets and resuming normal operations on the Initia L1 and rollup networks. The process is expected to be completed within days.