Blink Wallet Security Breach Drains Custodial Accounts

• •Blink Wallet paused services on September 19 due to a security breach affecting custodial accounts.
• •A limited number of custodial accounts were compromised, but the majority of funds are secure.
• •The company has committed to compensating all affected users.

On September 19, 2026, Blink Wallet, a Bitcoin Lightning Network platform, paused its services following a security breach that allowed an attacker to access and withdraw funds from a limited number of custodial accounts. Blink confirmed that only a 'few dozen' custodial accounts were affected, while the majority of funds remained secure and non-custodial wallets were unaffected. The company is currently investigating the incident and has promised to make every affected user whole. No specific details about the attack vector or the amount of funds withdrawn have been disclosed. This incident follows a series of security issues impacting various digital currency businesses and Lightning Network applications, raising concerns about the overall security in the sector. As of now, services remain suspended while the investigation continues.