Blink Wallet Pauses Services After Security Incident Involving Custodial Accounts

Crypto wallet provider Blink paused its services on September 19 after discovering a security incident where an attacker accessed a limited number of custodial accounts and withdrew funds.

The company emphasized that the large majority of funds under its custody remain secure, with non-custodial wallets unaffected by the incident.

Blink did not provide further details on the number of affected accounts or the amount withdrawn in its initial statement.