$1,700,000,000 Hedge Fund Hacked for Unspecified Amount in Crypto Assets, Perpetrators Not Arrested: Report

A major crypto investment firm is reportedly the latest victim of a security breach in the digital asset industry. Bloomberg reports that hackers have compromised and partially drained the main hedge fund of BlockTower Capital. The institutional investment firm with $1.7 billion in assets under management (AUM) has made investments in several Web3 firms, including The post $1,700,000,000 Hedge Fund Hacked for Unspecified Amount in Crypto Assets, Perpetrators Not Arrested: Report appeared first on The Daily Hodl .