🚨 Bitget has confirmed a major security incident.
Around $351.6M in assets were affected after unauthorized transfers from parts of its hot and warm wallet infrastructure.
The good news: Bitget says cold wallets remain secure, user balances are protected, and its $464M+ User Protection Fund is sufficient to cover the reported loss.
Withdrawals have been temporarily suspended while the security review continues.
On-chain activity also shows the stolen assets being moved and swapped, with $ETH among the assets involved.
This is still developing. The full attack vector has not been disclosed yet.
Stay alert and follow Bitget's official updates before making any assumptions. 👀
#BinanceWillListHyperliquid(HYPE)
#FedOctoberRateHikeOddsRiseTo69.7%
Around $351.6M in assets were affected after unauthorized transfers from parts of its hot and warm wallet infrastructure.
The good news: Bitget says cold wallets remain secure, user balances are protected, and its $464M+ User Protection Fund is sufficient to cover the reported loss.
Withdrawals have been temporarily suspended while the security review continues.
On-chain activity also shows the stolen assets being moved and swapped, with $ETH among the assets involved.
This is still developing. The full attack vector has not been disclosed yet.
Stay alert and follow Bitget's official updates before making any assumptions. 👀
#BinanceWillListHyperliquid(HYPE)
#FedOctoberRateHikeOddsRiseTo69.7%
