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

1 hours 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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