A $1.1 million crypto card hack crashed a neobank's token 49%
The exploit caused the neobank's AVICI token to drop 49% from a 24-hour high, hitting a record low before paring some of the losses.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This maps to the Security Incidents hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CoinDeskRelated market context
U.S. Targets $1.2 Billion From Binance Hack—Where Is the Rest?
The Binance hack recovery has reached a significant milestone: U.S. authorities say more than $1.2 billion in stolen cryptocurrenc...
Kazakhstan plans tokenized government bonds in first quarter after $22 million note sale
The plan follows Kazakhstan's first sale of tokenized central bank notes as the country expands its crypto market.
Bitcoin Price Briefly Crashes to $67,500, Lowest Since August, as Dollar Holds 19-Month High
Bitcoin Magazine Bitcoin Price Briefly Crashes to $67,500, Lowest Since August, as Dollar Holds 19-Month High Bitcoin price traded...
Kraken Parent Payward Swaps Its Headline Metric, Reports $487 Million in Q3 Platform Margin
Payward, the privately held parent of Kraken, publishes selected quarterly figures rather than SEC filings, and until now led them...
US seizes $1.2 billion frozen after North Korean Binance hack
The US Department of Justice (DoJ) yesterday announced the seizure of $1.2 billion in cryptocurrency stolen from Binance last mont...
Charles Hoskinson says Cardano’s roadmap is complete as ADA holders push back
Charles Hoskinson says Cardano's roadmap is complete, but ADA holders push back with the token more than 94% below its 2021 all-ti...