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Arkéa restarts transfers after $133 million attack, crypto loss still unconfirmed

Arkéa restarts transfers after $133 million attack, crypto loss still unconfirmed
AI summary

French bank Arkéa has resumed transfers after an attack that cost it $133 million, but it has not confirmed any crypto-related loss. Attackers reportedly used the bank's own account through a provider's platform, while a separate $108.8 million USDC trail has not been conclusively tied to the bank. Traders should watch for confirmation of the crypto link, since a proven bank-to-stablecoin breach would raise counterparty and stablecoin risk concerns.

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