A French bank with $235B in assets may have just lost $133M+ in crypto.
ZachXBT named Crédit Mutuel Arkéa as the target of a multi-day theft.
The bank has issued no official statement as of Nov 4.
ZachXBT says the real total could be higher.
Second big institutional hit this week, after the Liquid Network exploit story. Attackers keep going after big custodians, not just DeFi protocols. Watch for bank confirmation and any stolen funds moving through mixers or $TRX rails.
Do traditional banks holding crypto worry you more than exchanges do? Yes or no?
#ZachXBT #CryptoSecurity #Hack $BTC
ZachXBT named Crédit Mutuel Arkéa as the target of a multi-day theft.
The bank has issued no official statement as of Nov 4.
ZachXBT says the real total could be higher.
Second big institutional hit this week, after the Liquid Network exploit story. Attackers keep going after big custodians, not just DeFi protocols. Watch for bank confirmation and any stolen funds moving through mixers or $TRX rails.
Do traditional banks holding crypto worry you more than exchanges do? Yes or no?
#ZachXBT #CryptoSecurity #Hack $BTC