Triple-A Treasury Hack Exposes Major Crypto Asset Theft Across Multiple Blockchain Networks

A Singapore-based crypto payments firm has suffered a major hack, losing $11.8 million in company-owned digital assets from its treasury wallets.

The breach, which was first detected on July 25, saw attackers continue to drain funds for over 31 hours after the initial outflows were identified.

Triple-A confirmed that client funds were not affected, as they are held in separate trust accounts under Singapore's Payment Services Regulations.