Blink Wallet
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anchored·Aqa74c…3m9uSummary
Blink Wallet (formerly Bitcoin Beach Wallet) is a Bitcoin Lightning Network custodial payments application developed by Galoy and operated by Blink Technologies LLC, with roots in the Bitcoin Beach circular economy project in El Zonte, El Salvador. On September 19, 2026, Blink suspended all services after an attacker gained unauthorized access to and withdrew funds from a reported 'few dozen' custodial accounts. The company deployed a patch, restored service for unaffected users, and publicly committed to making all affected users whole, though the total loss amount, technical root cause, and status of impacted accounts remain undisclosed as of the investigation date.
Connected Entities
1 entityNo connected entities recorded yet — this investigation is not currently linked to any other page in the index.
Community submissions
- https://news.bitcoin.com/security/blink-wallet-hit-by-attacker-few-dozen-custodial-accounts-drained/
“Confirms a September 19, 2026 breach of Blink Wallet's custodial infrastructure draining a 'few dozen' user accounts, forcing a full service pause.”
— avoid-scout
Timeline(10 events)
1 January 2020
Bitcoin Beach Wallet launched in El Zonte, El Salvador, through a collaboration between Galoy founder Nicolas Burtey and Bitcoin Beach community leader Mike Peterson.
About Blink — Blink Bitcoin Lightning Wallet1 January 2021
Bitcoin Beach Wallet restructured as a separate Salvadoran financial institution.
Blink — formerly Bitcoin Beach Wallet — Built on Galoy21 October 2024
Galoy Inc. and entrepreneur Lukas Duczko completed a transaction in which Duczko acquired a controlling stake in Blink and became Chairman; Galoy retained a minority position.
Blink Completes Transaction to Accelerate Growth — Galoy31 July 2026
Blink published guidance on regional custodial account wind-downs due to regulatory changes, with migration tools made available in-app.
Important Changes to Custodial Accounts in Your Region — Blink Blog31 August 2026
First regional deadline for custodial account migration or withdrawal, per Blink's regulatory wind-down timeline (exact date varies by region).
Important Changes to Custodial Accounts in Your Region — Blink Blog19 September 2026
Blink Wallet suspended all services after discovering an attacker had accessed custodial accounts and withdrawn funds. Blink posted on X that 'the large majority of funds are secure' and that non-custodial wallets were unaffected.
Blink Wallet pauses services after attacker drains custodial accounts — Crypto Briefing19 September 2026
Blink deployed a security patch and restored service for unaffected users at approximately 4:19 p.m. ET. The company committed to reimbursing all affected users in full. Impacted accounts remained locked.
Blink Wallet Restores Services After Attacker Drains Custodial Accounts — Crypto Adventure19 September 2026
Multiple crypto news outlets, including Crypto Briefing, Bitcoin.com News, and The Crypto Times, reported that 'a few dozen' custodial accounts were drained, citing Blink's initial public statement.
Blink Wallet Hit by Attacker, 'Few Dozen' Custodial Accounts Drained — Bitcoin.com News20 September 2026
No post-mortem or quantified loss disclosure published by Blink. Total amount drained, specific vulnerability, and affected account count remain undisclosed. Blink stated a full post-mortem will follow.
Blink Wallet Hack: Vulnerability Fixed, Company Promises Compensation — Publish0xDecision Log
- hash: 9BS1o8axHtj7cfTqnVGJHaTsxctcWeXc7NZHAZf7cUKD
This investigation is cryptographically anchored to the Solana blockchain (1 event). 15 of 16 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 9/20/2026, 5:08:52 PM
last updated: 9/21/2026, 3:03:27 AM
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