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, the company involved, froze an account linked to the incident. Agora clarified it has no smart contracts deployed on Initia, indicating the exploit targeted a third-party service rather than Agora's own contracts. This event highlights security risks in blockchain bridge adapters and the importance of rapid response to contain exploits.
Agora's recent exploit involving AUSD provides context for Pluang's crypto market snapshot. As of Oct 24, 2026 14:41 WIB, 6 of 50 major cryptocurrencies rose while 43 fell. Notable movers include SUSHI at Rp3.743 with a 4.66% drop and 79% buy orders, GRT at Rp420 down 4.61% with 72% buy orders, and LTC at Rp1.025.938 down 4.56% with 78% sell orders.
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