$9.7M Security Breach Hits Triple-A Stablecoin Payment Provider
A Singapore-based stablecoin payment infrastructure provider has suffered a suspected security breach affecting multiple blockchain networks. The incident resulted in unauthorized withdrawals exceeding $9.7 million from Triple-A's hot wallets, according to blockchain security researchers.
The alleged attacker converted the stolen assets into roughly 5,226.66 ETH and moved them to Ethereum. The affected blockchains include Ethereum, Solana, TRON, TON, Polygon, and Arbitrum.
Triple-A has not issued an official acknowledgment of the security incident or disclosed how unauthorized access occurred. The company maintains regulatory approval across multiple jurisdictions, including American, European, and Singaporean territories.