Initia announces that L1 and Rollups have resumed operation, with bridges and trading platforms expected to restore transfers later today.

BlockBeats news, November 2: Initia officially announced that Initia L1 and Rollups are now online and have resumed operations. Support for AUSD0, USDC.n, and WETH has been fully restored, and bridges and trading platforms are expected to resume transfers later today.

For security reasons, WETH and AUSD0 withdrawals from LayerZero OFTs will have a 24-hour waiting period, while Noble USDC withdrawals will be subject to an hourly limit. Initia stated that a full post-mortem report on this security incident and response measures is expected to be released later this week.