Triple-A Hack Losses Rise to $11.8 Million
Triple-A payment service hack losses have grown to $11.8 million, with funds stolen from hot wallets across multiple chains including Ethereum, Polygon, and Arbitrum. The hacker consolidated the assets into a single Ethereum address. Triple-A confirmed the breach, stating customer funds were unaffected as they are held with third-party custodians, and the loss will be covered by reserves.
Separately, the WEMIX project suffered a $724,000 hack where an attacker minted unauthorized stablecoins. The team has identified wallets and requested exchanges freeze assets.
Simultaneously, Blockaid reported a ~$450,000 USDT exploit targeting the cross-chain protocol Garden Finance via an off-chain database breach of an independent solver. The protocol's smart contracts were not compromised.
These incidents follow other recent security breaches, highlighting ongoing vulnerabilities in the crypto space.
cryptonews.ru07/27 10:53
