🚹🚹 $350M IN ASSETS WAS HIT IN A BITGET HOT-WALLET ATTACK — AND THE ATTACKER DIDN’T NEED THE PRIVATE KEYS. 👀

Bitget says its hot wallet was compromised in an incident involving roughly $350M in assets.

But here’s what makes this attack especially interesting


🔐 The attacker reportedly didn’t obtain the private keys.

Instead, Bitget says a critical wallet backend was compromised, allowing the attacker to manipulate transfer data and trigger the signing process.

That’s a huge reminder:

Crypto security isn’t just about protecting private keys.

The infrastructure surrounding those keys can be just as critical.

According to Bitget, its cold wallets remain untouched, while its $464M+ User Protection Fund can cover the affected amount.

But there’s a bigger lesson here for every crypto user:

⚠ Keeping funds on a centralized exchange means trusting the security of its entire infrastructure — not just its wallets.

🔑 Not your keys, not your crypto.

đŸ”„ NOW THE REAL QUESTION: IF PRIVATE KEYS CAN STAY SECURE WHILE THE SYSTEM AROUND THEM IS COMPROMISED, HOW MUCH TRUST SHOULD WE REALLY PLACE IN A CEX? 👀

đŸ—łïž VOTE: WHAT MATTERS MOST?

🔐 PRIVATE KEY SECURITY
🏩 EXCHANGE INFRASTRUCTURE
đŸ›Ąïž BOTH

WHAT’S YOUR TAKE? 👇