initia

Seeing everyone on CT and the forums go into full meltdown mode over the Initia exploit is honestly hilarious. People are talking like the sky is falling because $2.6M got drained and bridged over to Ethereum. Ngl, in a market where protocols lose fifty mil before breakfast, $2.6M is absolute...

I am seeing everyone losing their minds in the telegram and on X right now about Initia pausing their L1 and rollups, and ngl it’s getting a bit ridiculous. I know $2.6M sounds like a lot of money to someone scalping pennies on a random memecoin, but in the grand scheme of institutional crypto...