Ctrl Wallet to shut weeks after security exploit
CoinTelegraph·
60-second summary
Ctrl Wallet is shutting down weeks after a security exploit on June 23, prompting users to withdraw their assets before all functions are disabled on August 3, 2026. The exploit compromised user funds, leading to the wallet's closure. This move highlights the ongoing vulnerability of cryptocurrency wallets to security breaches, affecting user trust in digital assets.
The move follows a June 23 exploit that has now resulted in closing down the wallet, with users urged to withdraw their assets before all functions are disabled on Aug. 3, 2026.