Initia: Remediation Plan Enters Audit, L1 and Rollup Networks to Restart in Orderly Manner in Coming Days

October 27: Initia posted on X that for the security vulnerability discovered on October 23, a remediation plan has been drafted and is currently being audited by security partners. Once the audit is complete, Initia will announce a specific plan, restore backing for affected assets, and orderly restart the Initia L1 and Rollup networks. The team expects to complete these steps within the coming days and reminds users to be wary of unofficial links, messages or statements.