Agora froze an Ethereum account connected to the Initia exploit after it swapped 1.4 million AUSD for Ether (ETH). The freeze occurred post-swap, meaning Agora's action did not prevent the conversion. The exploit involved a third-party product using AUSD, but Agora has no contracts with Initia. This incident highlights a network distinction: the exploit was tied to Initia, while the freeze targeted an Ethereum account after the transaction was complete.
The Ethereum account freeze linked to the Initia exploit follows a 1.4 million AUSD swap. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 24, 2026 14:41 WIB: out of 50 major cryptocurrencies priced on Pluang, 6 rose and 43 fell. Notable movers include AAVE at Rp2.570.464 with a 1-day change of -4.66% and a typical hold time of 106 days, SUSHI at Rp3.743 down 4.66%, and GRT at Rp420 down 4.61%.
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An exploit on the Initia network impacted a third-party product using the stablecoin AUSD, leading to a transfer of 1.4 million AUSD recorded on Ethereum from a bridge adapter. Initia responded by halting its Layer 1 network and rollups, while Agora,...
RTX Corporation reported strong operational results in Q3 2026, with revenue, operating profit, and EPS growth surpassing expectations. The company also reached a record $340 billion backlog, split between commercial aviation and defense, ensuring so...
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