SILV Falls 74% After Dominion Vault Wallet Hack; sunrise Warns Against Interaction

The significance here is structural rather than price-driven: a tokenized commodity lost most of its value not because silver moved, but because the custody layer behind it was breached, which is the core risk separating RWA tokens from the underlying asset. The warning's breadth — covering all interaction, not just redemption — signals the issuer's own uncertainty about which contracts or balances remain exposed. For the tokenized-metals sector, the open question is whether Dominion can isolate the compromised vault and restore a credible redemption path, or whether SILV becomes a reference case for how thin the wrapper can get.