Triple-A Treasury Wallet Hacked, Approximately $11.8 Million Lost
7x24h News
Triple-A Treasury Wallet Hacked, Approximately $11.8 Million Lost
According to Cointelegraph, Singapore stablecoin payment company Triple-A confirmed its treasury wallet was accessed without authorization, with on-chain investigator Specter estimating losses at approximately $11.8 million. The company stated that customer funds are held in separate trust accounts and were not affected by this incident, and the relevant losses will be covered by the company's own financial reserves. Triple-A has currently restored all services and is collaborating with cybersecurity experts, blockchain forensic agencies, and the Singapore Police Force to investigate and track the stolen assets.
Navigating Web3 tides with focused insightsTechFlow news, on July 27, according to Cointelegraph, Singapore stablecoin payment company Triple-A confirmed its treasury wallet was accessed without authorization, and on-chain investigator Specter estimated losses at approximately $11.8 million. The company stated that customer funds are stored in separate trust accounts and were not affected by this incident, and relevant losses will be covered by the company's own financial reserves. Currently, Triple-A has restored all services and is collaborating with cybersecurity experts, blockchain forensic agencies, and the Singapore Police Force to launch an investigation to track the stolen assets.
