Story

On air. The free wire runs 15 minutes behind live. See pricing

World, crypto, finance and tech news, scored for impact.

Crypto@EmberCN on XFiled 18 h ago

A post by @EmberCN on X.

Open the post on XPosted by @EmberCN on x.com
Impact 70 of 100, notable

Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.

Blockchain investigator ZachXBT identified French credit union Crédit Mutuel Arkéa as the EU entity whose centralized exchange account was drained of $133 million, according to a tweet from on-chain analyst EmberCN. The disclosure ties a previously unattributed eight-figure loss to a named traditional financial institution, underscoring how CEX account security remains a material risk for institutional holders. Details on which exchange held the funds, the assets involved and how the breach occurred have yet to be confirmed. Watch for the exchange and Crédit Mutuel Arkéa to publish official statements clarifying custody arrangements and whether customer funds were affected.

Muhabbit's AI wrote this summary of @EmberCN's post in its own words. It can get details wrong, so read the post on X.

Named in this story

Credit Mutuel Arkea, ZachXBT, EmberCN, Bitget