Struck by a security breach of $351.6 million:
-
Bitget
states that the attackers made unauthorized transfers from parts of its hot and “warm” wallets on September 24.
- Blockchain (onchain) investigators initially detected around $180M+ in movement across multiple chains before
Bitget#GoldFallsTo$4144
confirmed the higher figure of $351.6M.
- Bitget has paused withdrawals while it investigates; trading operations and deposits are still running.
- CEO Gracy Chen says the company’s User Protection Fund, which exceeds $464M, covers the estimated loss and that customers’ balances remain protected.
- The attack vector has not yet been disclosed; Bitget says a full incident report with the root cause is expected within 24 hours.$ZEST $QNT $HBAR
-
Bitget
states that the attackers made unauthorized transfers from parts of its hot and “warm” wallets on September 24.
- Blockchain (onchain) investigators initially detected around $180M+ in movement across multiple chains before
Bitget#GoldFallsTo$4144
confirmed the higher figure of $351.6M.
- Bitget has paused withdrawals while it investigates; trading operations and deposits are still running.
- CEO Gracy Chen says the company’s User Protection Fund, which exceeds $464M, covers the estimated loss and that customers’ balances remain protected.
- The attack vector has not yet been disclosed; Bitget says a full incident report with the root cause is expected within 24 hours.$ZEST $QNT $HBAR
