Galaxy Digital confirms testnet breach, no client funds or data compromised
Coindesk β’
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 β 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 Compromised
Compromised keys just passed smart-contract bugs as DeFi's top attack vector β $1.3B lost in 2026
crypto.news Β·
Security researcher reveals updating Coldcard firmware won't secure compromised seeds, with users advised to create fresh wallets, verify firmware and strengthen backup practices
π/@officer_secret Β·
Swan Treasury loses $625K after compromised signer key enables 100x-discount STY buys on BNB Chain
π/@DefimonAlerts Β·
PeckShield flags compromised Gnosis X account and warns users not to click links
π/@PeckShieldAlert Β·
StakeDAOβs deployer private key was compromised on Arbitrum after an attacker minted 5.4T vsdCRV tokens and began swapping the funds into ETH
π/@DefimonAlerts Β·
THORChain halts trading after compromised Asgard vault drains estimated $10.7M from protocol funds
π/@THORChain Β·
Compromised keys just passed smart-contract bugs as DeFi's top attack vector β $1.3B lost in 2026
crypto.news Β·
Security researcher reveals updating Coldcard firmware won't secure compromised seeds, with users advised to create fresh wallets, verify firmware and strengthen backup practices
π/@officer_secret Β·
Swan Treasury loses $625K after compromised signer key enables 100x-discount STY buys on BNB Chain
π/@DefimonAlerts Β·
PeckShield flags compromised Gnosis X account and warns users not to click links
π/@PeckShieldAlert Β·
StakeDAOβs deployer private key was compromised on Arbitrum after an attacker minted 5.4T vsdCRV tokens and began swapping the funds into ETH
π/@DefimonAlerts Β·
THORChain halts trading after compromised Asgard vault drains estimated $10.7M from protocol funds
π/@THORChain Β·