A $1.1 million crypto card hack crashed a neobank's token 49%
CoinDesk · Aug 29, 2026
Informational impactNot rated
AI confidenceNot rated
Risk contextUnknownOperational, security or regulatory context
AI-ASSISTED
Verify with sourceFeed summary
The exploit caused the neobank's AVICI token to drop 49% from a 24-hour high, hitting a record low before paring some of the losses.
AI output is based only on the stored feed text and may be incomplete or incorrect. It is not investment advice. Verify important claims at the original source.





