đš BITGET SECURITY ALERT â $387.5M AFFECTED
Bitget has confirmed a major security incident involving unauthorized transfers from some of its exchange hot/warm wallets. The initial estimate was $351.6M, later revised to approximately $387.5M after additional assets were identified.
đ Bitget says user balances remain protected
đ° Protection Fund: $464M+
â Withdrawals are being resumed in phases
đ Bitget Wallet, its separate self-custody product, was not affected.
This incident again puts the spotlight on exchange custody vs. self-custody.
Where do you keep your crypto â exchange or personal wallet? đ
$RED
$QNT $PROM
#Bitget #Crypto #Bitcoin #Security #CryptoNews
Bitget has confirmed a major security incident involving unauthorized transfers from some of its exchange hot/warm wallets. The initial estimate was $351.6M, later revised to approximately $387.5M after additional assets were identified.
đ Bitget says user balances remain protected
đ° Protection Fund: $464M+
â Withdrawals are being resumed in phases
đ Bitget Wallet, its separate self-custody product, was not affected.
This incident again puts the spotlight on exchange custody vs. self-custody.
Where do you keep your crypto â exchange or personal wallet? đ
$RED
$QNT $PROM
#Bitget #Crypto #Bitcoin #Security #CryptoNews

