Bitcoin Magazine reports that French bank Credit Mutuel Arkea confirmed a cyberattack that allowed fraudulent transfers from its account via a service provider. Analyst ZachXBT estimates the losses at over $133 million, a figure not verified by the bank. The incident raises concerns about security in financial institutions and the impact of third-party services.
Based on the Bitcoin Magazine report; not independently verified.
Source published: Wed, 04 Nov 2026 20:57:01 +0000
[Read the original report](https://bitcoinmagazine.com/news/credit-mutuel-arkea-hack-133-million)
CNM Watchlist + audio
Introductory US$5/month. Follow up to 20 tokens and companies, see relevant developments and in-app risk alerts, and listen to on-demand summaries.
- What changed / why it matters / watch next
- Story summaries, all news desks and custom audio briefings
- Shared cached audio; new generation subject to service limits
Watchlist does not unlock additional premium article sections. Free account creation does not start a paid subscription. No automatic trial.