# 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.

- Published: 2026-11-07T05:47:17.298Z
- Canonical: https://polylog.news/crypto/2026-11-07/initia-is-back-online-after-a-2-6-million-exploit-that-minte
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [Rekt News](https://www.rekt.news/), [Cointelegraph](https://cointelegraph.com/news/initia-halts-blockchain-exploit-drained), [Cryptopolitan](https://www.cryptopolitan.com/initia-restarts-network-after-exploit/), [crypto.news](https://crypto.news/gnosis-pay-customer-data-breach-legacy-card-system/), [Bitcoin Magazine](https://bitcoinmagazine.com/news/former-fbi-agent-pleads-crypto-theft)

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…

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