Triple-A hacked for $11.8 million

Singapore-based stablecoin payments company Triple-A confirmed that an attacker stole $11.8 million in company funds from its treasury wallets. The company briefly took some services offline while they investigated the hack.

Triple-A did not say how much was taken or how the wallets were compromised, and said the impact was limited to "specific operational accounts" and able to be covered by treasury reserves. Blockchain analyst Specter estimated the loss at $11.8 million, stolen across the bitcoin and Tron networks.