South Korea’s National Tax Service accidentally exposed the recovery seed phrase of a seized crypto wallet in a public press release photo, leading attackers to drain about $4.8 million worth of PRTG tokens shortly afterward. The leaked seed phrase gave full control of the wallet, allowing transfers to unknown addresses within hours. Experts say the mistake highlights serious gaps in how authorities handle and secure sensitive digital asset information, raising concerns about institutional readiness for crypto regulation and custody.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Internet Computer has spent the better part of the past two years trading inside a…
Bitcoin is back in the spotlight, but not because of its price. While the world's…
AAVE price may be up 3% today, but the market’s attention is increasingly shifting toward…
Cardano (ADA) price has surprised the market by gaining more than 11% over the past…
Story Highlights The live price of the Rune token is . The RUNE price may…
Bittensor (TAO) price is recovering after withstanding sustained selling pressure and reclaimed levels around $242…
