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securityalert

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🚨 Ledger breach hits EU as user finds tampered device from major retailer. AI uncovers a massive XRP supply bug—reported as 18 trillion tokens—but bounty payout is only $250K. This highlights ongoing security risks in hardware wallets and potential tokenomics concerns. Market may react to trust erosion in custody solutions. How will XRP holders respond to rising wallet vulnerabilities? #SecurityAlert $XRP #TradingSignal #CryptoAnalysis
🚨 Ledger breach hits EU as user finds tampered device from major retailer. AI uncovers a massive XRP supply bug—reported as 18 trillion tokens—but bounty payout is only $250K. This highlights ongoing security risks in hardware wallets and potential tokenomics concerns. Market may react to trust erosion in custody solutions. How will XRP holders respond to rising wallet vulnerabilities? #SecurityAlert

$XRP #TradingSignal #CryptoAnalysis
🚨 MAJOR SEARCH ENGINES THREATEN WALLET SECURITY AS PHISHING SITES TARGET $BTC HOLDERS! ⚠️ A massive phishing vector is currently targeting hardware wallet users through top search engine ad placements, racking up over 1 million visits this past month alone. 🔍 Sophisticated bad actors are actively intercepting unwary users and draining funds by capturing 24-word recovery credentials. With over 86 million dollars already drained in connected investigations, hardware security remains useless if you expose your critical credentials on fake verification portals. 🛡️ Protect your cold storage offline, verify every web domain twice, and never type your secret phrases anywhere online. 💬 Are you double-checking your hardware app bookmarks before accessing your funds? 👇 ⚠️ Not financial advice. Always manage your risk. 🛡️ 🏷️ #BTC #SecurityAlert #Crypto #Web3 #CryptoSecurity ⚡ 🛡️
🚨 MAJOR SEARCH ENGINES THREATEN WALLET SECURITY AS PHISHING SITES TARGET $BTC HOLDERS! ⚠️

A massive phishing vector is currently targeting hardware wallet users through top search engine ad placements, racking up over 1 million visits this past month alone. 🔍 Sophisticated bad actors are actively intercepting unwary users and draining funds by capturing 24-word recovery credentials.

With over 86 million dollars already drained in connected investigations, hardware security remains useless if you expose your critical credentials on fake verification portals. 🛡️ Protect your cold storage offline, verify every web domain twice, and never type your secret phrases anywhere online. 💬 Are you double-checking your hardware app bookmarks before accessing your funds? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #BTC #SecurityAlert #Crypto #Web3 #CryptoSecurity

⚡ 🛡️
🚨 PHISHING ATTACK IMPERSONATING HARDWARE WALLETS DRAINS MILLIONS AMID $BTC MARKET VOLATILITY! ⚠️ Security researchers just uncovered a massive fake search trap targeting crypto holders, pulling in over one million visits this month alone. Phishing campaigns are deploying malicious wallet sites to capture recovery keys, linked to an estimated 86 million dollar loss across affected users. 📊 🚨 In a market where cold storage is your ultimate edge, falling for sponsored search redirects is a silent capital killer. Smart money locks down security and protects their treasury long before chasing the next momentum breakout. 💡 🔒 💬 Are you double-checking your hardware wallet bookmarks before approving connections? 👇 ⚠️ Not financial advice. Always manage your risk. 🛡️ 🏷️ #BTC #CryptoSecurity #SecurityAlert #Crypto 🛡️ 👁️
🚨 PHISHING ATTACK IMPERSONATING HARDWARE WALLETS DRAINS MILLIONS AMID $BTC MARKET VOLATILITY! ⚠️

Security researchers just uncovered a massive fake search trap targeting crypto holders, pulling in over one million visits this month alone. Phishing campaigns are deploying malicious wallet sites to capture recovery keys, linked to an estimated 86 million dollar loss across affected users. 📊 🚨

In a market where cold storage is your ultimate edge, falling for sponsored search redirects is a silent capital killer. Smart money locks down security and protects their treasury long before chasing the next momentum breakout. 💡 🔒

💬 Are you double-checking your hardware wallet bookmarks before approving connections? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #BTC #CryptoSecurity #SecurityAlert #Crypto

🛡️ 👁️
Crypto Wallet Safety - MUST READ! 🔐 Hot Wallet = Online, Convenient, Higher Risk Cold Wallet = Offline, Very Secure, Best for long-term NEVER share your 12-24 word seed phrase! Write on paper only, never in cloud/email! 5 Safety Tips inside chart! Educational safety guide only. #CryptoSafety #wallet🔥 t #SecurityAlert #SeedPhrase #BinanceSquare
Crypto Wallet Safety - MUST READ! 🔐

Hot Wallet = Online, Convenient, Higher Risk
Cold Wallet = Offline, Very Secure, Best for long-term

NEVER share your 12-24 word seed phrase!
Write on paper only, never in cloud/email!

5 Safety Tips inside chart!

Educational safety guide only.

#CryptoSafety #wallet🔥 t #SecurityAlert #SeedPhrase #BinanceSquare
JUST IN: TRADER FROGMANHAHA’s FOMO WALLET WAS JUST HACKED FOR OVER $4M IN ASSETS THE HACK WAS RUMORED TO OCCUR AT THE TOKEN2049 CONFERENCE #SecurityAlert
JUST IN: TRADER FROGMANHAHA’s FOMO WALLET WAS JUST HACKED FOR OVER $4M IN ASSETS

THE HACK WAS RUMORED TO OCCUR AT THE TOKEN2049 CONFERENCE

#SecurityAlert
🚨 TRADER FROGMAN CONFIRMS $4M EXPLOIT AS ATTACKERS LAUNDER VIA $ETH AND $SOL ! 💣 A massive 4 million dollar exploit hit trader Frogman, with attackers draining nine distinct tokens including massive holdings of $BP and laundering them across privacy tools. 🔍 The perpetrators immediately swapped stolen bags into high-liquidity assets like $ETH before scattering funds through Chainflip. 📌 Security teams in Singapore are tracking the flagged address, but the aggressive sell-off of low-cap tokens creates immediate supply shocks on decentralized order books. 💡 Wallet security remains the ultimate risk parameter in volatile market environments. 💬 How strict are your self-custody protocols during active trading cycles? 👇 ⚠️ Not financial advice. Always manage your risk. 🛡️ 🏷️ #ETH #SecurityAlert #Crypto #Exploit 🚨 🛡️
🚨 TRADER FROGMAN CONFIRMS $4M EXPLOIT AS ATTACKERS LAUNDER VIA $ETH AND $SOL ! 💣

A massive 4 million dollar exploit hit trader Frogman, with attackers draining nine distinct tokens including massive holdings of $BP and laundering them across privacy tools. 🔍 The perpetrators immediately swapped stolen bags into high-liquidity assets like $ETH before scattering funds through Chainflip.

📌 Security teams in Singapore are tracking the flagged address, but the aggressive sell-off of low-cap tokens creates immediate supply shocks on decentralized order books. 💡 Wallet security remains the ultimate risk parameter in volatile market environments. 💬 How strict are your self-custody protocols during active trading cycles? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #ETH #SecurityAlert #Crypto #Exploit

🚨 🛡️
🚨 A $3.8 million hack… and it ends with an unexpected story A few days ago, the NEAR Intents protocol suffered an exploitation of a vulnerability in its cross-chain deposit and withdrawal system. The attacker withdrew about $3.8 million USDT from a contract on the network within just a few hours. Most stories end right here: lost funds, long investigations, and delayed compensation. But this time, things were different. The team halted services immediately, patched the vulnerability, and stated clearly: “Funds will be fully reimbursed.” Then they did something bolder… They identified the responsible party and gave them only a 48-hour deadline to return everything. The result? Before the deadline even ended, the funds were fully returned. A large portion came back in the form of Bitcoin, and the investigation was officially closed. Even the attacker left a message on-chain saying they were wrong, thanking the team for handling it professionally, and advising to use Bug Bounties instead of hacking. The takeaway is clear: Not every hack ends in disaster. Speed in fixing + transparency + smart pressure… sometimes can turn loss into a rare success story in the crypto world. What do you think? Should this model become the norm? #SecurityAlert #Near #crypto #USDT #Binance
🚨 A $3.8 million hack… and it ends with an unexpected story

A few days ago, the NEAR Intents protocol suffered an exploitation of a vulnerability in its cross-chain deposit and withdrawal system.

The attacker withdrew about $3.8 million USDT from a contract on the network within just a few hours.

Most stories end right here: lost funds, long investigations, and delayed compensation.

But this time, things were different.

The team halted services immediately, patched the vulnerability, and stated clearly:

“Funds will be fully reimbursed.”

Then they did something bolder…
They identified the responsible party and gave them only a 48-hour deadline to return everything.

The result?

Before the deadline even ended, the funds were fully returned.
A large portion came back in the form of Bitcoin, and the investigation was officially closed.
Even the attacker left a message on-chain saying they were wrong, thanking the team for handling it professionally, and advising to use Bug Bounties instead of hacking.

The takeaway is clear:

Not every hack ends in disaster.

Speed in fixing + transparency + smart pressure… sometimes can turn loss into a rare success story in the crypto world.

What do you think? Should this model become the norm?
#SecurityAlert #Near #crypto #USDT #Binance
🚨 $ATOM CRITICAL EXPLOIT: COSMOS EVM SECURITY BREACH TRIGGERS MULTI-CHAIN HALTS 📉 Cosmos Labs has confirmed a severe vulnerability within the Cosmos EVM module, forcing multiple validator networks across the ecosystem into emergency halts. 🔍 Institutional risk models are shifting into capital preservation as smart money assesses the full scope of structural vulnerability across interconnected chains. ⚠️ When infrastructure layers experience systemic failure, liquidity cascades rapidly follow, leaving exposed order flow vulnerable to contagion. 📊 Project teams utilizing the EVM architecture are undergoing immediate security audits while market participants monitor for potential cascade risks. 📌 🤔 Are you withdrawing liquidity from affected Cosmos EVM chains or waiting for official mitigation updates? 👇 ⚠️ Not financial advice. Always manage your risk. 🛡️ 🏷️ #ATOM #Cosmos #SecurityAlert #Crypto 🚨 🛡️
🚨 $ATOM CRITICAL EXPLOIT: COSMOS EVM SECURITY BREACH TRIGGERS MULTI-CHAIN HALTS 📉

Cosmos Labs has confirmed a severe vulnerability within the Cosmos EVM module, forcing multiple validator networks across the ecosystem into emergency halts. 🔍 Institutional risk models are shifting into capital preservation as smart money assesses the full scope of structural vulnerability across interconnected chains. ⚠️

When infrastructure layers experience systemic failure, liquidity cascades rapidly follow, leaving exposed order flow vulnerable to contagion. 📊 Project teams utilizing the EVM architecture are undergoing immediate security audits while market participants monitor for potential cascade risks. 📌

🤔 Are you withdrawing liquidity from affected Cosmos EVM chains or waiting for official mitigation updates? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #ATOM #Cosmos #SecurityAlert #Crypto

🚨 🛡️
Chinese Version: The NEAR Intents platform under the NEAR protocol has been hacked! Loss of $3.8 million! It is reported that this vulnerability is related to a previous incident involving assistance with Bitget’s security breach. The platform promises to compensate users, but this move really makes people nervous. Here we go again with DeFi security—old problems are back. Everyone, stay alert! #DeFiHack #SecurityAlert $NEAR NEAR's NEAR Intents platform just got hit with a $3.8M exploit! The bug came from assisting with Bitget's security breach. They promise to compensate affected users, but this shows even helping others can backfire in crypto. Stay vigilant out there! #SecurityAlert #DeFiHack $NEAR
Chinese Version:
The NEAR Intents platform under the NEAR protocol has been hacked! Loss of $3.8 million! It is reported that this vulnerability is related to a previous incident involving assistance with Bitget’s security breach. The platform promises to compensate users, but this move really makes people nervous. Here we go again with DeFi security—old problems are back. Everyone, stay alert! #DeFiHack #SecurityAlert $NEAR

NEAR's NEAR Intents platform just got hit with a $3.8M exploit! The bug came from assisting with Bitget's security breach. They promise to compensate affected users, but this shows even helping others can backfire in crypto. Stay vigilant out there! #SecurityAlert #DeFiHack $NEAR
🚨 THE PPV2 EXPLOIT IS STILL DRAINING $ETH WALLETS SO REVOKE YOUR APPROVALS NOW! ⚠️ The Payment Processor V2 exploit is actively draining funds on-chain, and attackers are getting ruthless. Even if your wallet survived the initial September wave, open contract approvals mean your assets remain completely exposed to automated drainers. 🩸 Exploiters are now tipping block builders up to 99% of stolen proceeds to guarantee execution, making front-run rescues virtually impossible the moment an offer is accepted. If you trade on-chain, revoke legacy permissions immediately before signing your next deal. 🔍 💬 Have you cleared your active contract approvals today, or are you leaving your wallet exposed to silent MEV drainers? 👇 ⚠️ Not financial advice. Always manage your risk. 🛡️ 🏷️ #ETH #CryptoSecurity #OnChain #SecurityAlert ⚠️ 👁️
🚨 THE PPV2 EXPLOIT IS STILL DRAINING $ETH WALLETS SO REVOKE YOUR APPROVALS NOW! ⚠️

The Payment Processor V2 exploit is actively draining funds on-chain, and attackers are getting ruthless. Even if your wallet survived the initial September wave, open contract approvals mean your assets remain completely exposed to automated drainers. 🩸

Exploiters are now tipping block builders up to 99% of stolen proceeds to guarantee execution, making front-run rescues virtually impossible the moment an offer is accepted. If you trade on-chain, revoke legacy permissions immediately before signing your next deal. 🔍

💬 Have you cleared your active contract approvals today, or are you leaving your wallet exposed to silent MEV drainers? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #ETH #CryptoSecurity #OnChain #SecurityAlert

⚠️ 👁️
CRITICAL ALERT: APPLE PATCHES ZERO-DAY EXPLOIT TARGETING YOUR $BTC AND CRYPTO WALLETS! 🚨 ⚡ 🚨 Black-hat hackers are actively exploiting a critical zero-day vulnerability across older iOS and macOS builds to drain self-custody crypto wallets. 🛡️ SlowMist security researchers confirmed targeted attacks are already live in the wild, putting mobile wallet assets directly in the crosshairs. 🔒 Apple just pushed an urgent system patch to neutralize this high-level exploit. 💡 If you execute trades or hold private keys on your mobile devices, update your firmware immediately, avoid unverified Safari links, and restrict unknown app permissions. 💬 Have you already updated your devices, or are you still running your wallet on outdated firmware? 👇 ⚠️ Not financial advice. Always manage your risk. 🛡️ 🏷️ #BTC #CryptoSecurity #SecurityAlert #CryptoWallets ⚡ 🛡️
CRITICAL ALERT: APPLE PATCHES ZERO-DAY EXPLOIT TARGETING YOUR $BTC AND CRYPTO WALLETS! 🚨 ⚡

🚨 Black-hat hackers are actively exploiting a critical zero-day vulnerability across older iOS and macOS builds to drain self-custody crypto wallets. 🛡️ SlowMist security researchers confirmed targeted attacks are already live in the wild, putting mobile wallet assets directly in the crosshairs.

🔒 Apple just pushed an urgent system patch to neutralize this high-level exploit. 💡 If you execute trades or hold private keys on your mobile devices, update your firmware immediately, avoid unverified Safari links, and restrict unknown app permissions. 💬 Have you already updated your devices, or are you still running your wallet on outdated firmware? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #BTC #CryptoSecurity #SecurityAlert #CryptoWallets

⚡ 🛡️
Alert: 12.4M XRP Hack — D'CENT Took Action but the Funds Disappeared! 🚨 The second-largest XRP hack of 2026! 12.4M XRP was withdrawn from 7,393 D'CENT app wallets over 10 days, from September 15 to 25. How? 6 waves of theft using a compromised recovery phrase. The attackers first manually drained the large wallets, then used automated scripts. 6.3M $XRP was swapped into Ethereum via THORChain, along with $BTC, $ETH, $Tron, and $XLM that were also seized. The action taken: D'CENT released an initial report on September 17, concealed the root cause for security reasons, added a safety check to the latest app version, and urged all users to create a new recovery phrase and transfer assets immediately. IoTrust received more than 110 reports. Do you still have $XRP in your D'CENT? Check now! Please stay tuned $XRP #XRP #CryptoHack #SecurityAlert #DCENT #hackersdrainover12.4mxrpfromdcentwallets
Alert: 12.4M XRP Hack — D'CENT Took Action but the Funds Disappeared! 🚨
The second-largest XRP hack of 2026! 12.4M XRP was withdrawn from 7,393 D'CENT app wallets over 10 days, from September 15 to 25.
How? 6 waves of theft using a compromised recovery phrase. The attackers first manually drained the large wallets, then used automated scripts.
6.3M $XRP was swapped into Ethereum via THORChain, along with $BTC, $ETH, $Tron, and $XLM that were also seized.
The action taken: D'CENT released an initial report on September 17, concealed the root cause for security reasons, added a safety check to the latest app version, and urged all users to create a new recovery phrase and transfer assets immediately. IoTrust received more than 110 reports.
Do you still have $XRP in your D'CENT? Check now!

Please stay tuned

$XRP #XRP #CryptoHack #SecurityAlert #DCENT
#hackersdrainover12.4mxrpfromdcentwallets
🚨 DYORSWAP confirms over 200 ETH paid in compensation after fake GIWA network scam. Upbit’s Dunamu says GIWA mainnet not live. ETH holders face phishing risks via spoofed chains. Stay alert—verify contract addresses before interacting. How do you protect yourself from fake network scams? #SecurityAlert $ETH #TradingSignal #CryptoAnalysis
🚨 DYORSWAP confirms over 200 ETH paid in compensation after fake GIWA network scam. Upbit’s Dunamu says GIWA mainnet not live. ETH holders face phishing risks via spoofed chains. Stay alert—verify contract addresses before interacting. How do you protect yourself from fake network scams? #SecurityAlert

$ETH #TradingSignal #CryptoAnalysis
Notional Finance has just recorded a serious security incident involving a margin (escrow) contract. According to data from PeckShieldAlert, approximately $1.7 million in DAI and USDC was illicitly withdrawn. The attacker swapped this amount into 689.2 $ETH v and then moved the entire funds into Tornado Cash to erase the trail. 👀 Market Watch: $ETH, $USDC Users should exercise caution and monitor official announcements from the project. #SecurityAlert #CryptoNews
Notional Finance has just recorded a serious security incident involving a margin (escrow) contract.

According to data from PeckShieldAlert, approximately $1.7 million in DAI and USDC was illicitly withdrawn. The attacker swapped this amount into 689.2 $ETH v and then moved the entire funds into Tornado Cash to erase the trail.

👀 Market Watch: $ETH , $USDC

Users should exercise caution and monitor official announcements from the project.

#SecurityAlert #CryptoNews
🚨 $340K API EXPLOIT SWEEPS $ONE AS FORGED DOCUMENT ATTACK BYPASSES 2FA! 💣 A brutal $340,000 compromise just exposed a dangerous loophole in off-chain account security. 🔍 Attackers leveraged forged verification documents to override security settings, but the real structural failure happened when lingering API keys remained active after the account freeze was lifted. The instant the 24-hour withdrawal lock expired, exploiters drained over 322k USDT alongside 9.1M $ONE directly through the compromised API without prompting 2FA confirmations. ⚡ This sharp incident highlights why active key audits are just as vital as cold storage discipline. 💡 Have you inspected your active API management permissions today to guarantee zero rogue access? 👇 ⚠️ Not financial advice. Always manage your risk. 🛡️ 🏷️ #ONE #SecurityAlert #Crypto #RiskManagement 🛡️ ⚡
🚨 $340K API EXPLOIT SWEEPS $ONE AS FORGED DOCUMENT ATTACK BYPASSES 2FA! 💣

A brutal $340,000 compromise just exposed a dangerous loophole in off-chain account security. 🔍 Attackers leveraged forged verification documents to override security settings, but the real structural failure happened when lingering API keys remained active after the account freeze was lifted.

The instant the 24-hour withdrawal lock expired, exploiters drained over 322k USDT alongside 9.1M $ONE directly through the compromised API without prompting 2FA confirmations. ⚡ This sharp incident highlights why active key audits are just as vital as cold storage discipline.

💡 Have you inspected your active API management permissions today to guarantee zero rogue access? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #ONE #SecurityAlert #Crypto #RiskManagement

🛡️ ⚡
🔐 MY BINANCE ACCOUNT IS UNHACKABLE 🔐 Hackers are pulling, but my shield is STRONG! 🛡️ Here are my 5 Security Tips to keep your account SAFE: 1️⃣ Enable 2FA - Use Google Authenticator, not SMS. 2️⃣ Anti-Phishing Code - Set it in Binance Security settings. 3️⃣ Never Share - Binance will NEVER ask for your password. 4️⃣ Whitelist Address - Enable Withdrawal Whitelist. 5️⃣ Check URL - Always login at binance.com only. Stay SAFU! #SecurityAlert
🔐 MY BINANCE ACCOUNT IS UNHACKABLE 🔐
Hackers are pulling, but my shield is STRONG! 🛡️

Here are my 5 Security Tips to keep your account SAFE:

1️⃣ Enable 2FA - Use Google Authenticator, not SMS.
2️⃣ Anti-Phishing Code - Set it in Binance Security settings.
3️⃣ Never Share - Binance will NEVER ask for your password.
4️⃣ Whitelist Address - Enable Withdrawal Whitelist.
5️⃣ Check URL - Always login at binance.com only.

Stay SAFU!
#SecurityAlert
PeckShieldAlert has just issued a warning about a serious security incident related to the Meter.io project. Specifically, more than 1 billion tokens #MTRG đ were illicitly minted on the #BNBChain network. Shortly after this information was released, the price of #MTRG recorded a sharp drop of -74%. 👀 Market Watch: $MTRG Investors should be cautious and closely monitor official announcements from the project to stay updated on the situation. #CryptoNews #SecurityAlert
PeckShieldAlert has just issued a warning about a serious security incident related to the Meter.io project.

Specifically, more than 1 billion tokens #MTRG đ were illicitly minted on the #BNBChain network. Shortly after this information was released, the price of #MTRG recorded a sharp drop of -74%.

👀 Market Watch:
$MTRG

Investors should be cautious and closely monitor official announcements from the project to stay updated on the situation.

#CryptoNews #SecurityAlert
🚨 Are your funds really safe? The recent million-dollar hack to Bitget for $352 million set off alarms across the crypto world. Although its CEO, Gracy Chen, said that users’ capital is backed by its protection fund, this event reminds us how important it is to choose platforms with the highest level of security infrastructure. [1, 2, 3, 4] At Binance, protection is not a promise—it’s an active standard. With the SAFU fund (Safe Asset Fund for Users), strict real-time wallet monitoring, and 1:1 Proof of Reserves (PoR), your peace of mind is our top priority. #SecurityAlert #SecurityTokenization {spot}(DOGEUSDT) {spot}(SOLUSDT) {spot}(PEPEUSDT) 🔒 Your security first!
🚨 Are your funds really safe? The recent million-dollar hack to Bitget for $352 million set off alarms across the crypto world. Although its CEO, Gracy Chen, said that users’ capital is backed by its protection fund, this event reminds us how important it is to choose platforms with the highest level of security infrastructure. [1, 2, 3, 4]
At Binance, protection is not a promise—it’s an active standard. With the SAFU fund (Safe Asset Fund for Users), strict real-time wallet monitoring, and 1:1 Proof of Reserves (PoR), your peace of mind is our top priority.
#SecurityAlert #SecurityTokenization

🔒 Your security first!
🚨 Bitget hacked for $351.6 million… and the industry unites On September 24, Bitget suffered a breach affecting hot wallets worth approximately $351.6 million. Private keys were not stolen; the attack targeted the backend system by forging transaction data. Key points: • Users’ funds are safe and fully covered by the Protection Fund (over $464 million). • Cold wallets were not affected. • Withdrawals are temporarily paused, while trading and deposits continue. What stands out in this incident is the stance taken by industry leaders: 🔹 Binance (via Co-CEO Richard Teng): announced that Binance’s security team has been working closely with Bitget since the very first moment, sharing security information, tracking the movement of stolen funds, and supporting recovery efforts. 🔹 Bybit (via Ben Zhou): provided full support and activated the LazarusBounty platform to track the funds, confirming that Bitget had helped them previously in a similar incident. This collaboration reminds us that exchange attacks are no longer a solitary matter… but a collective battle between the industry and the attackers. What do you think? Is having Protection Funds enough, or is reliance on hot wallets still a major weakness? #SecurityAlert #HackerNews #crypto #Binance #BTC
🚨 Bitget hacked for $351.6 million… and the industry unites

On September 24, Bitget suffered a breach affecting hot wallets worth approximately $351.6 million.

Private keys were not stolen; the attack targeted the backend system by forging transaction data.

Key points:
• Users’ funds are safe and fully covered by the Protection Fund (over $464 million).
• Cold wallets were not affected.
• Withdrawals are temporarily paused, while trading and deposits continue.

What stands out in this incident is the stance taken by industry leaders:
🔹 Binance (via Co-CEO Richard Teng): announced that Binance’s security team has been working closely with Bitget since the very first moment, sharing security information, tracking the movement of stolen funds, and supporting recovery efforts.
🔹 Bybit (via Ben Zhou): provided full support and activated the LazarusBounty platform to track the funds, confirming that Bitget had helped them previously in a similar incident.

This collaboration reminds us that exchange attacks are no longer a solitary matter… but a collective battle between the industry and the attackers.

What do you think? Is having Protection Funds enough, or is reliance on hot wallets still a major weakness?
#SecurityAlert #HackerNews #crypto #Binance #BTC
🚨 ONGOING SECURITY BREACH SURFACES AS ATTACKER DRAINS ANOTHER $8M FROM $CRYPTO POOLS! ⚠️ The exploit saga deepens as smart contract vulnerabilities remain actively exploited. 🚨 The attacker just siphoned an additional $8M out of protocol reserves, proving that compromised access key channels are still wide open. Smart money is pulling back liquidity rapidly while watching order flow for sudden dump spikes or laundering routes through mixing services. 📉 When contract integrity breaks, immediate risk preservation trumps every technical pattern on the chart. Stay nimble and keep an eye on active treasury movements before deploying fresh capital. 🔍 Are you pulling your capital to safety, or waiting to bid the eventual capitulation wick? 👇 ⚠️ Not financial advice. Always manage your risk. 🛡️ 🏷️ #Crypto #SecurityAlert #DeFi #RiskManagement #MarketUpdate 🚨 🛡️
🚨 ONGOING SECURITY BREACH SURFACES AS ATTACKER DRAINS ANOTHER $8M FROM $CRYPTO POOLS! ⚠️

The exploit saga deepens as smart contract vulnerabilities remain actively exploited. 🚨 The attacker just siphoned an additional $8M out of protocol reserves, proving that compromised access key channels are still wide open.

Smart money is pulling back liquidity rapidly while watching order flow for sudden dump spikes or laundering routes through mixing services. 📉 When contract integrity breaks, immediate risk preservation trumps every technical pattern on the chart.

Stay nimble and keep an eye on active treasury movements before deploying fresh capital. 🔍 Are you pulling your capital to safety, or waiting to bid the eventual capitulation wick? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #Crypto #SecurityAlert #DeFi #RiskManagement #MarketUpdate

🚨 🛡️
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