Initia Hit by Second Exploit in 3 Weeks, $3.27M Stolen

• Initia confirms second exploit in three weeks with $3.27M reportedly stolen; Across Protocol also restored its website after a phishing attack with an estimated $350K in losses.
• December CPI came in at 2.9% year-over-year, hotter than expected, triggering over $700M in crypto liquidations across the market.
• Bitcoin traded at $73,748 (-1.2% 24h), Ethereum at $2,063 (-2.6% 24h); total market cap fell 4.1% to $2.48T with Fear & Greed at 29.
• Major altcoins declined: XRP -3.8%, SOL -3.5%, HYPE -3.5%; all nine new DEX listings carry risk flags for low liquidity or wash-trading.
• Bitmine reported a $6.3 billion net loss in its latest fiscal year, driven by a 44% decline in ether prices.

Watch: Monitor for further details on the Initia exploit and any additional security incidents, plus market reaction to inflation data.

• Fear & Greed index: 29/100 (Fear)
• Total market cap: $2.48T (-4.1% 24h) · BTC dominance 59.8%
• New DEX listings tracked: 9, of which 9 carried risk flags

• Bitmine reports $6.3 billion net loss in latest fiscal year, driven by 44% ether decline · The Block
• Across Protocol restores website after phishing attack, $350K in estimated losses · crypto.news
• Sui hardware wallet Suiball shuts down, announces refunds after security concerns · crypto.news
• Here’s what happened in crypto today · Cointelegraph
• Initia confirms second exploit in 3 weeks, $3.27M stolen in latest attack · Cointelegraph
• Is Ethereum price at risk as Foundation-linked wallet sells more ETH? · crypto.news