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Crédit Mutuel Arkéa confirms hack as ZachXBT puts losses above $133m

NewsFeeds update

Crédit Mutuel Arkéa confirmed hackers carried out fraudulent transactions; blockchain investigator @zachxbt estimated losses above $133m. Bitquery tracked $109m in USDC leaving Kraken, Crypto.com and OKX accounts in 21 hours, with $63m swapped for 27,553 ETH within four hours. The bank says customers will not lose funds.

StablecoinsOdailyAIBearish

Read the original on Odaily

The story so far: Suspected EU entity crypto hack

ZachXBT says an EU entity was apparently attacked, with over $133m stolen from centralised exchange accounts. Crédit Mutuel Arkéa confirmed the cyberattack, notified regulators and paused some transfers; Bitquery tracked 178 withdrawals across 15 wallets, including about $109m in USDC via Kraken, Crypto.com and OKX.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. ZachXBT says EU entity suspected of losing over $106m in attack

  2. OKX's Star says security work continues after recent industry breach

  3. ZachXBT says suspected hacked EU entity hit by another $27m in withdrawals

  4. Kraken freezes accounts linked to $133m hack at EU institution

  5. OKX's Star Xu says security and compliance must come before marketing

  6. OKX founder Star Xu criticises CZ over responsibility and PR after crisis

  7. Crédit Mutuel Arkéa confirms hack as ZachXBT puts losses above $133m

  8. ZachXBT tracks over $133m in suspected stolen funds through crypto platforms

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Every Stablecoins update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.