Bitget just got hit for around $350M đŹ
The weird part is how messy the story already looks
Around $351.6M was affected from parts of Bitget's hot & warm wallets, with ETH, USDT, USDC, BNB, AVAX & XAUT involved. Withdrawals were temporarily paused while they investigate.
There are also reports of fake tokens showing up around the attacker's wallets, but don't mix that up with the actual hack method. That's not confirmed yet
Lazarus is also being suspected but Bitget hasn't confirmed the attribution either
And honestly I'm more interested in $BTC reaction here đ
A $350M exchange breach sounds huge, but it doesn't automatically mean BTC has to dump. Right now I'm watching whether this stays an isolated exchange incident or starts creating real selling pressure across the market
Crypto security is getting tested again
The weird part is how messy the story already looks
Around $351.6M was affected from parts of Bitget's hot & warm wallets, with ETH, USDT, USDC, BNB, AVAX & XAUT involved. Withdrawals were temporarily paused while they investigate.
There are also reports of fake tokens showing up around the attacker's wallets, but don't mix that up with the actual hack method. That's not confirmed yet
Lazarus is also being suspected but Bitget hasn't confirmed the attribution either
And honestly I'm more interested in $BTC reaction here đ
A $350M exchange breach sounds huge, but it doesn't automatically mean BTC has to dump. Right now I'm watching whether this stays an isolated exchange incident or starts creating real selling pressure across the market
Crypto security is getting tested again
