Galaxy Digital confirms testnet breach but assures no client funds lost

Galaxy Digital has confirmed a security breach in one of its test environments. The incident involved a hack on an isolated testnet, but no client funds or data were compromised. The company has assured users that all trading platforms and services remain fully operational.

The breach occurred in a sandboxed testnet, a controlled space used for developing and testing new features. Less than $10,000 in test funds was lost during the attack. Galaxy Digital detected the intrusion quickly and secured the affected environment.

The compromised system was part of an R&D workspace, completely separate from the firm's core infrastructure and production systems. Since the testnet was not connected to live operations, client assets and sensitive information remained unaffected. The company has stated that all customer-facing platforms continue to function normally. An internal review of the incident is still ongoing. Galaxy Digital operates across multiple sectors, including trading, asset management, lending, custody, crypto mining, staking, and data centre services. No further details about the breach or its potential implications have been disclosed at this stage.

The hack was contained to a non-production environment, ensuring no disruption to Galaxy Digital's main services. With client funds and data untouched, the firm has maintained that its security measures remain robust. The investigation into the breach is expected to provide further clarity in due course.