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Crypto card hack sends neobank’s token down 49%

A $1.1 million exploit on a crypto card service triggered a sharp decline in the associated neobank’s token.

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Marcus Webb · Crypto Desk · 30 Aug 2026 · 00:18 · 1 min read
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Crypto card hack sends neobank’s token down 49%

A cryptocurrency card service reported a $1.1 million hack, which coincided with a 49% drop in its neobank’s AVICI token from a 24-hour high. The token briefly hit a record low before partially recovering some losses.

Bitcoin

BTCUSD
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78072.0100▼ 0.20%
As of 30/08/2026, 00:00:00

Further verified details on the incident’s cause or the neobank’s response were not immediately available.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Marcus Webb
Crypto Desk

Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.

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