Triple-A Confirms Treasury Wallet Breach After Reported $11.8M Loss
14 Articles
14 Articles
Triple A says it can meet all liabilities after treasury wallet exploit
Triple-A has confirmed that unauthorized access to its treasury wallets resulted in the loss of company-owned digital assets while stating that client funds and payment operations have remained unaffected. Triple-A said in a statement on Monday that it detected unauthorized…
Triple-A Faces Security Scare After Treasury Wallets Were. Breached Over the Weekend
TL;DR Triple-A confirmed unauthorized access to treasury wallets holding company-owned assets, while customer funds remained unaffected because they were maintained separately in protected trust accounts. Onchain investigator Specter estimated losses near $11.8 million, although Triple-A did not disclose the amount or explain how attackers compromised the affected wallets. The company restored services after maintenance and is working with cybe…
On-chain data shows 5,280 ETH draining into single address following quiet Triple-A wallet breach
Triple-A, a Singapore-based stablecoin payments firm, said unauthorized access to wallets holding its own digital assets was contained without affecting client money. The company has not disclosed the size of its treasury loss or explained how the wallets were accessed. Triple-A said it identified the incident on July 25. In its July 27 statement, the firm said it does not custody digital assets for clients and holds client funds separately in t…
Triple-A Treasury Wallet Breach Raises Security Questions After $11.8M Loss Estimate
Triple-A treasury wallet breach came to light after the company disclosed that unauthorized access to its treasury wallets, which are company-owned wallets used to manage operational digital assets, resulted in the loss of its own crypto holdings. The company said it detected the incident on Saturday and temporarily placed certain services into maintenance mode for around three hours to secure the affected infrastructure before restoring service…
While new deposits were withdrawn 31 hours after the attack, the Singapore Fintech Triple-A confirmed a hack of its hot wallets. Customer credits should not be affected. Source: BTC-ECHO BTC-ECHO
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