{"type":"rich","version":"1.0","title":"Roger wrote","author_name":"Roger (npub1dq…e95y4)","author_url":"https://nostr.now/npub1dqjq6jfjj5py9yjyxnzmzxqrt2fyfz54wr90rl084m980tausrjq9e95y4","provider_name":"njump","provider_url":"https://nostr.now","html":"At 3:41 p.m. UTC on Friday, Initia stopped producing blocks. An attacker had minted 2 million AUSD out of nothing through a bug in a Move function, bridged 1.4 million of it, 105 ETH and 1.08 million USDC over to Ethereum, and parked about $2.73 million in a single wallet there.\n\nMoney is the small story. The halt is the big one. A chain that gets switched off in an afternoon by the people who run it is a chain where you own nothing except a promise. Whoever can freeze one attacker can freeze you, and they will call it a security incident when they do.\n\nHe did not wait around to find out. He moved to a chain where nobody holds that switch."}