πŸ”₯ Bitget confirms $351M breach β€” and says it's got it covered

CHEATKOTT - Your Daily News, @cheatkott

Open in Telegram
#3728Photo

πŸ”₯ Bitget confirms $351M breach β€” and says it's got it covered Bitget, one of the larger crypto exchanges by trading volume, has confirmed unauthorized transfers draining $351.6 million from a portion of its hot and warm wallets. The incident was detected at 18:31 UTC on Thursday. Withdrawals are suspended. Law enforcement and onchain security firms are involved, attacker addresses flagged. Cold wallets and the bulk of platform assets, the exchange says, were untouched. CEO Gracy Chen says the full amount falls within Bitget's User Protection Fund β€” currently sitting above $464M. Hourly updates promised; a full root-cause report due within 24 hours. How exactly the wallets were compromised? Still under investigation β€” and Bitget isn't speculating until it knows. Via Cointelegraph.

Open in Telegram
Views1,352βˆ’4%vs avg
Forwards2
Reactions2
Commentsβ€”

Views growth

Hours after publication

Show as table
Hours after publicationViews
0 h175
10 h988
26 h1,268
44 h1,352
  1. After 1 hour175
  2. After 24 hours1,268
  3. Total to date1,352

More from CHEATKOTT - Your Daily News

  1. 01
    Views2.09K
    Forwards1
    Reactions3
    Commentsβ€”
  2. 02
    Views2.02K
    Forwards3
    Reactions6
    Commentsβ€”
  3. 03
    Views1.88K
    Forwards2
    Reactions1
    Commentsβ€”
  4. 04
    Views1.87K
    Forwards2
    Reactions2
    Commentsβ€”
  5. 05
    Views1.87K
    Forwards2
    Reactions1
    Commentsβ€”

All posts of CHEATKOTT - Your Daily News