Morning Edition · Saturday, November 7, 2026Published at 12:47 AM EST · New York

Initia is back online after a $2.6 million exploit that minted unbacked tokens, as Gnosis Pay discloses a card-data breach and a former FBI agent admits stealing $2.47 million

This week's smaller incidents came from a bug in the code linking two parts of a chain, a legacy card system scheduled for shutdown, and a federal agent who used wallet credentials from his own cases.

Initia. The Initia layer-1 network and all of its rollups came back online on November 2 after more than nine days offline, Cryptopolitan reported. The halt followed an October 23 exploit that Rekt News covered this week. The attacker used…