Initia Foundation approved a grant to restore 1:1 backing for Noble's USD Coin (USDC), wrapped Ether (WETH), and AUSD0 used as collateral for iUSD following a security incident on October 23. The grant covers up to 1.08 million USDC, 105 Ether, and 1.4 million AUSD0 to address confirmed shortfalls. Transfers of funds require final approval, and full backing will be restored once the network restarts, though no restart date has been announced. The incident moved about $2.7 million in assets before the network was paused, and Initia is currently auditing a fix with security partners.
Regarding the Initia Foundation's grant approval to restore backing for iUSD collateral, here is Pluang's market snapshot as of Oct 28, 2026 14:21 WIB: Out of 50 major cryptocurrencies priced on Pluang, 43 rose and 6 fell today. Notable movers include BAL (Balancer) at Rp16.297 with an 11.14% increase, EOS (EOS.IO) at Rp12.649 up 8.13%, and BCH (Bitcoin Cash) at Rp5.414.836 with a 6.57% rise, despite a 97% sell order activity. The most notable figure is BAL's 11.14% gain.
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Dassault Systèmes has completed its $1.8 billion acquisition of ArisGlobal, creating a unified AI-native platform that integrates drug discovery, clinical development, manufacturing, and patient outcomes. This platform aims to accelerate innovation a...
Dassault Systèmes has finalized its $1.8 billion acquisition of ArisGlobal, creating a unified AI platform that connects scientific discovery, clinical development, production, and patient outcomes in life sciences. This platform aims to accelerate d...
