Galaxy Digital contains testnet hack with no client funds at risk

Galaxy Digital has confirmed a security breach in one of its test environments. The incident involved a hack on a testnet, but no client funds or data were compromised. The company acted quickly to contain the issue and ensure all live systems remained secure.

The breach occurred in an isolated research and development workspace, separate from Galaxy's main infrastructure. Less than $10,000 in test funds was lost during the incident. Since the affected environment was a testnet, it had no connection to production systems or core operations.

Galaxy detected the intrusion promptly and secured the environment. All trading platforms, client services, and other business functions—including asset management, lending, custody, and mining—continued to operate normally. The company has stated that no customer data or live funds were at risk. An investigation into the incident is still ongoing. Galaxy Digital will share further updates as needed.

The hack was confined to a non-production testnet, with minimal financial impact. Galaxy's trading, custody, and other client-facing services remain fully functional. The firm has not released additional details while the review continues.