Galaxy Digital's Testnet Breach Contains Minimal Financial Impact

Galaxy Digital experienced a cybersecurity incident affecting its testnet environment, with no client funds or information compromised. The firm confirmed the breach was contained and emphasized ongoing security measures.

• Galaxy Digital's testnet environment was breached, but no client funds were affected.
• The loss was less than $10,000, according to a source.
• The firm contained the breach and reinforced its on-chain infrastructure.
• Galaxy's services remain operational, with no client information compromised.
• The incident underscores the persistent cybersecurity risks in the crypto industry.