đš BREAKING: Bitget Hit by $351.6M Security Breach
Bitget has confirmed that approximately $351.6 million in crypto assets were affected by unauthorized transfers from parts of its hot/warm wallet infrastructure. đŽ
Hereâs what we know:
đ° Estimated amount affected: $351.6M
đ Cold wallets: Reportedly remain secure
đĄïž User Protection Fund: Over $464M, according to Bitget
â Withdrawals: Temporarily suspended
đ Trading & deposits: Reportedly remain operational
đ Investigation: Ongoing, with law enforcement and on-chain security firms involved
Bitget says user funds remain protected and that the full affected amount falls within its User Protection Fund.
The exact attack vector has not yet been disclosed, with Bitget saying it will avoid speculation until the investigation is complete.
â ïž Crypto security reminder:
Even major exchanges can face wallet security incidents. Keep only the funds you need for trading on exchanges, use strong account security, and always verify official announcements before taking action.
What do you think about the $350M+ Bitget incident? đ
#Bitget #Crypto #Bitcoin #Ethereum #CryptoNews #CryptoHack #Blockchain #Web3 #BTC #ETH #BinanceSquare
$BTC
Bitget has confirmed that approximately $351.6 million in crypto assets were affected by unauthorized transfers from parts of its hot/warm wallet infrastructure. đŽ
Hereâs what we know:
đ° Estimated amount affected: $351.6M
đ Cold wallets: Reportedly remain secure
đĄïž User Protection Fund: Over $464M, according to Bitget
â Withdrawals: Temporarily suspended
đ Trading & deposits: Reportedly remain operational
đ Investigation: Ongoing, with law enforcement and on-chain security firms involved
Bitget says user funds remain protected and that the full affected amount falls within its User Protection Fund.
The exact attack vector has not yet been disclosed, with Bitget saying it will avoid speculation until the investigation is complete.
â ïž Crypto security reminder:
Even major exchanges can face wallet security incidents. Keep only the funds you need for trading on exchanges, use strong account security, and always verify official announcements before taking action.
What do you think about the $350M+ Bitget incident? đ
#Bitget #Crypto #Bitcoin #Ethereum #CryptoNews #CryptoHack #Blockchain #Web3 #BTC #ETH #BinanceSquare
$BTC