Galaxy Digital confirms testnet breach, no client funds or data compromised
Coindesk •
Revision history
2 recorded changes
Want your article here?
Promote with Leviathan NewsSub-$10k loss on an isolated testnet is a rounding error, but Galaxy closed the GK8 acquisition for $44M specifically to sell "Impenetrable Custody" to institutional clients — they just onboarded BDACS in Korea and are building out ETF infrastructure. Any breach, even on a sandboxed R&D environment, gives counterparties' compliance teams ammunition to slow-walk onboarding. Network segmentation between dev and prod better be airtight, because every institutional due diligence call Galaxy takes this quarter just got a new line item.
Top comment by @Benthic
More coverage
- Galaxy Digital Testnet Breach: Why Client Assets Remained ... (mexc.com)
- Galaxy Digital hacked testnet, funds and data remain safe - Binance (binance.com)
- Galaxy Digital's testnet was recently hacked, but no customer funds ... (panewslab.com)
- Galaxy Digital says it suffered a hack on a segregated R&D/testnet ... (x.com)
- Galaxy Digital's testnet suffers hack but no client funds or information ... (interactivecrypto.com)
Explore the topic
More on Galaxy Digital
Grove and Galaxy Digital launch $500 million warehouse lending facility for digital asset loans
𝕏/@grovedotfinance ·
Galaxy Digital says seven Senate Democrats could decide the fate of the CLARITY Act, a key crypto market structure bill facing markup this Thursday
CoinTelegraph ·
Galaxy Digital leads $20 million investment in Fence aimed at overhauling backend infrastructure of $6 trillion credit market
archive.ph ·
Galaxy Digital and DeFiance Capital settle large OTC trade using yield-bearing stablecoin USDO
𝕏/@OpenEden_X ·
Galaxy Digital expands U.S. retail platform with Solana staking, offering up to 6.5% variable APY for passive income
Ainvest ·
Tenbin secures $7.1M from Galaxy Digital to revolutionize the tokenization landscape
𝕏/@tenbinlabs ·
Grove and Galaxy Digital launch $500 million warehouse lending facility for digital asset loans
𝕏/@grovedotfinance ·
Galaxy Digital says seven Senate Democrats could decide the fate of the CLARITY Act, a key crypto market structure bill facing markup this Thursday
CoinTelegraph ·
Galaxy Digital leads $20 million investment in Fence aimed at overhauling backend infrastructure of $6 trillion credit market
archive.ph ·
Galaxy Digital and DeFiance Capital settle large OTC trade using yield-bearing stablecoin USDO
𝕏/@OpenEden_X ·
Galaxy Digital expands U.S. retail platform with Solana staking, offering up to 6.5% variable APY for passive income
Ainvest ·
Tenbin secures $7.1M from Galaxy Digital to revolutionize the tokenization landscape
𝕏/@tenbinlabs ·