Here is what we can confirm at this stage: On the attack: Our security team has made initial progress in tracing the source. The attacker compromised a critical backend system within our wallet infrastructure, used it to spoof transaction data, and triggered our authorization process to move funds out. Private key compromise has been ruled out — this excludes the more severe risk scenarios. Loss containment is confirmed. No further unauthorized transfers are possible. The specific method of system intrusion remains under active investigation. A full technical report will follow once confirmed. On withdrawal restoration: Multiple technical teams are working in parallel on system remediation and security hardening. Withdrawal restoration is being prepared in parallel. We will announce a timeline as soon as one is confirmed — we will not commit to a window we cannot guarantee.

Introducing our Pudgy Essentials collection, a fresh lineup of essentials, designed to complement your everyday routines. Shop our full collection below.