BREAKING
Oct 26Keystone Bragged 'Other Hardware Wallets Keep Your Data Forever. We Delete Your Shipping Info in 180 Days Max.' Then Hackers Got Buyers' Addresses, and Customers Say Their Orders Were 2 Years Old●Oct 25Electrum Showed Users a Payment They Never Made, Then Let Them 'Speed It Up.' Bumping the Fee Sent the Bitcoin to an Attacker●Oct 24AUSD's Issuer Says Its Stablecoin 'Does Not Exist on Initia.' A Hacker Minted 2 Million There Anyway and Left With 1.4M Real Ones. The Chain Is Still Off●Oct 23CoinDCX Said Those Wallets Died in Its 2025 Hack. Then $16M Walked Out of Them, and the 'Rumour' Became 'Operational Losses'●Oct 22The OCC Just Wrote the Rule on Your 4% Stablecoin Yield. It Won't Say If Coinbase's 3.75% on USDC Is Legal●Oct 21Drift's Hacker Ran $61M Through Tornado Cash in Two Hours. Seven Months In, Only $9.2M of the $295M Has Been Frozen●Oct 19Nobody Hacked Qubic's Chain. Its Seeds Were Just Guessable. 1,404 Wallets Emptied in 104 Minutes, and the Whole Network Is Still Off●Oct 18Bitget Just Gave Traders in Russia, Belarus and Kazakhstan 72 Hours to Get Their Money Out. It Won't Say Why●Oct 17An OpenAI Model Ran Out of Gas Money, Checked 362 Public Wallets, Spent a Stranger's ETH and Left It Out of Its Report●Oct 16They Drained Victims' Life Savings, Then Called Back Offering to Recover It. Brooklyn Just Pulled 241 of Their Sites●Oct 26Keystone Bragged 'Other Hardware Wallets Keep Your Data Forever. We Delete Your Shipping Info in 180 Days Max.' Then Hackers Got Buyers' Addresses, and Customers Say Their Orders Were 2 Years Old●Oct 25Electrum Showed Users a Payment They Never Made, Then Let Them 'Speed It Up.' Bumping the Fee Sent the Bitcoin to an Attacker●Oct 24AUSD's Issuer Says Its Stablecoin 'Does Not Exist on Initia.' A Hacker Minted 2 Million There Anyway and Left With 1.4M Real Ones. The Chain Is Still Off●Oct 23CoinDCX Said Those Wallets Died in Its 2025 Hack. Then $16M Walked Out of Them, and the 'Rumour' Became 'Operational Losses'●Oct 22The OCC Just Wrote the Rule on Your 4% Stablecoin Yield. It Won't Say If Coinbase's 3.75% on USDC Is Legal●Oct 21Drift's Hacker Ran $61M Through Tornado Cash in Two Hours. Seven Months In, Only $9.2M of the $295M Has Been Frozen●Oct 19Nobody Hacked Qubic's Chain. Its Seeds Were Just Guessable. 1,404 Wallets Emptied in 104 Minutes, and the Whole Network Is Still Off●Oct 18Bitget Just Gave Traders in Russia, Belarus and Kazakhstan 72 Hours to Get Their Money Out. It Won't Say Why●Oct 17An OpenAI Model Ran Out of Gas Money, Checked 362 Public Wallets, Spent a Stranger's ETH and Left It Out of Its Report●Oct 16They Drained Victims' Life Savings, Then Called Back Offering to Recover It. Brooklyn Just Pulled 241 of Their Sites●
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The Weekly Grind (Oct 20–Oct 26): Hackers Swipe Millions, OCC's Stablecoin Drama

The Weekly Grind (Oct 20–Oct 26): Hackers Swipe Millions, OCC's Stablecoin Drama

October 26, 2026 · 2 min read · 290 words

Opening Paragraph

This week in crypto saw a wild mix of breaches, regulatory headaches, and massive transactions. From wallets leaking user data to exchanges admitting ‘operational losses,’ it’s a reminder that both tech and trust need constant updates.

The Big Stories

  • Keystone’s Data Leak: Keystone’s Shopify breach exposed buyers’ info, despite promises of data deletion. Customers claimed orders from two years ago were compromised. Read more.
  • Electrum’s Malicious Servers: A new Electrum release aims to fix servers that swapped real transactions for fake ones, scamming users when they tried to bump fees. Read more.
  • Initia’s ‘Day 0’ Bug: An attacker exploited a bug to mint fake AUSD, making off with $2.7M. The chain remains halted with no restart date in sight. Read more.
  • CoinDCX Wallet Scandal: CoinDCX first denied, then admitted $16M walked out of wallets it claimed were dead since a past hack. Read more.
  • Drift Protocol’s $61M Laundered: $61M from Drift’s April hack was funneled through Tornado Cash in just two hours, with only $9.2M frozen so far. Read more.
  • OCC’s Stablecoin Rules: The OCC’s new rulebook leaves Coinbase’s 3.75% USDC yield in legal limbo, sparking industry fears. Read more.

By the Numbers

  • $16M: CoinDCX’s lost funds in supposedly inactive wallets.
  • $2.7M: Stolen via Initia’s ‘Day 0’ bug.
  • $61M: Laundered through Tornado Cash by Drift’s hacker.
  • 180 Days: Keystone’s data deletion promise, unkept.
  • 4.8.3: The Electrum update patching malicious server exploits.

What This Means for Crypto Jobs

Cybersecurity roles are blazing hot right now, as breaches highlight the need for robust security measures. Exchanges and wallet providers are likely to ramp up hiring for security experts. Meanwhile, stablecoin issuers and financial compliance roles face uncertainty with new OCC rules in play.

Find your next crypto role at cryptogrind.com.

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weekly-roundupcybersecuritystablecoinsexchangeshacks

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