PANews
PANews|Nov 02, 2026 05:33
[Initia: Initia L1 and Rollups are back online and running normally] Initia announced that Initia L1 and Rollups are now back online and running normally. The cross-chain bridge and trading platform are expected to resume transfer functionality later today. Out of an abundance of caution, withdrawal processing time for LayerZero OFT assets (WETH and AUSD0) will be set at 24 hours; withdrawals for Noble USDC will be subject to hourly limits. Asset backing for AUSD0, USDC.n, and WETH has been fully restored.
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