Flash News

Triple-A Stablecoin Payment Infrastructure Hot Wallet Suspected of Hacking, Over $9.3 Million Stolen

According to monitoring information, the hot wallet of the stablecoin payment infrastructure Triple-A is suspected to have been hacked, with over $9.3 million stolen, exchanged, and transferred across chains to Ethereum.

The risk points in such incidents are usually not in "single transactions out," but in the rapid completion of exchanges, dispersal, and cross-chain transfers after the theft, which increases the difficulty of tracking and freezing.

In market mechanisms, buyers are the merchants and users still using the stablecoin payment channel, while sellers are the attackers exploiting hot wallet permissions and cross-chain transfer vulnerabilities; once the hot wallet has issues, the trust cost of the payment infrastructure will immediately rise.

Source: Public Information

ABAB AI Insight

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·ABAB News
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2 min read
·15 hrs ago
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