Crypto Thieves Hijack Ngrave Alerts and Walk Away With $2.56M

Crypto Insight Summary: A fake security warning flashed across crypto wallets, sending users scrambling to protect their funds. Instead, the alert delivered them straight to thieves who drained roughly $2.56 million, exploiting a trusted notification system without ever cracking the hardware itself. A Fake Security Alert With a $2.56 Million Price Tag Belgian hardware-wallet maker Ngrave, commonly known […] Crypto Insight Analysis: Direction: Bearish NGRAVE Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Trust breach in NGRAVE's security system may deter users, but impact is limited to the brand.