A $1.1 million crypto card hack crashed a neobank's token 49%
Coindesk · Published Aug 29, 2026, 7:49 PM EDT
Article 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.
This article appears to be broader market context rather than a single-asset story.
What Happened
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.
Why It Matters
It may matter as broader market context rather than a single-asset catalyst. CoqiLabs groups this article under Institutional to help readers understand the related market theme.
Market Context
Published by Coindesk. Category: Institutional. Published Aug 29, 2026, 7:49 PM EDT.
This article appears to be broader market context rather than a single-asset story.
Sentiment Read
Market tone for this article appears negative. This article is shown for market context only and is not financial advice.
Original Publisher
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