Hacking News
Datavault AI’s Bitcoin Loss Highlights Exchange Vulnerability
Tech company Datavault AI disclosed that it had been unable to withdraw bitcoin from the Biconomy crypto exchange since June 2026. The company's share price plunged around 50% and has yet to recover, with its market capitalization now near $65 million. The incident underscores the risks for bitcoin treasury investors, as the exchange failed to provide the company with the private keys to access the bitcoin, leading to a loss of about 817.6 BTC worth roughly $66 million.