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Initia announced that its Layer 1 (L1) and Rollups have resumed operations, and bridges and trading platforms are expected to restore transfers later today.

59 minutes ago

Initia’s official announcement states that its L1 and Rollups are now online and operational again. Support for AUSD0, USDC.n, and WETH has been fully restored; bridge and trading platforms are expected to resume transfers later today. For security reasons, withdrawals of WETH and AUSD0 via LayerZero OFTs will be subject to a 24-hour waiting period, while Noble USDC withdrawals will have an hourly limit. Initia added that a full post-incident analysis report on the security incident and its response measures is expected to be released later this week.

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