Security· ★★★· bearish·

Blink Wallet halts operations after attack on custodial accounts

  • Blink Wallet stopped services to investigate the attack
  • Attackers gained access to some custodial accounts and withdrew funds
  • Non-custodial wallets were unaffected, most funds are safe
Why it matters: The incident highlights the risks of custodial Bitcoin storage and could push more users toward non-custodial solutions.
Source: PANews