The post Galaxy Digital Testnet Hacked, Funds and Data Safe appeared on BitcoinEthereumNews.com.

Galaxy Digital confirmed that an unauthorized party accessed an isolated development workspace, but said no customer funds or client data were compromised in the incident. The breach, disclosed on April 1, 2026, resulted in the loss of less than $10,000 in company testing funds, according to the firm. The incident drew immediate attention given Galaxy Digital’s scale as one of the largest institutional digital-asset firms, with $12 billion in assets on platform and 1,620 trading counterparties as of December 31, 2025. But the company moved quickly to clarify the limited scope of the breach. What happened in the Galaxy Digital testnet hack Galaxy Digital contained unauthorized access to what it described as an isolated development workspace used for research and development, CoinDesk reported. The affected environment was not connected to trading platforms or client accounts, according to the company. The financial impact was limited to less than $10,000 in company funds used for testing within the compromised workspace. Galaxy said that based on its review to date, no client funds or client account information were accessed or at risk. Reported testing-fund loss < $10,000CoinDesk reported Galaxy said the loss was limited to company testing funds in the affected workspace, reinforcing that customer assets were not involved. Source: CoinDesk. Galaxy’s client-facing platforms and services remained operational throughout the incident. The company framed the breach as contained to a non-production environment, drawing a clear line between the compromised workspace and any systems handling real customer assets or data. It is worth noting that while headlines widely describe the compromised environment as a “testnet,” CoinDesk’s reporting refers to an isolated development or R&D workspace. No standalone public Galaxy incident post specifying “testnet” was located at the time of publication, so the exact characterization of the environment remains based on a single source. Why…

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Filed under: News - @ April 2, 2026 1:24 am