Overview
- Galaxy Digital said an intruder accessed an isolated R&D test workspace used to trial code rather than live systems, and the company contained the breach.
- The firm reported no exposure of client funds or account data, and all trading platforms and services stayed fully operational.
- The loss was reported as under $10,000 and involved only company test funds inside the segregated environment.
- Galaxy said it secured the compromised workspace and deployed extra precautions across its on-chain infrastructure while it continues its review.
- The incident underscores recurring cyber risks in crypto, where industry reports estimate $1–2 billion in annual losses from hacks and exploits, which can also draw added scrutiny even when clients are not harmed.