šØ BITGET SECURITY BREACH ā $351.6M AFFECTED
Bitget has confirmed unauthorized transfers from some of its hot and warm wallets, with approximately $351.6 million in assets affected.
š“ Withdrawals have been temporarily suspended
š¢ Trading & deposits remain operational
š Bitget says its cold wallets remain secure
š”ļø The exchange says its $464M+ User Protection Fund covers the reported loss.
On-chain activity reportedly involved ETH, USDT, USDC, BNB and AVAX being moved across wallets.
The investigation is still ongoing, and Bitget says it will publish a full incident report.
ā ļø Crypto lesson: Exchange security risk is real. Never ignore custody and risk management.
Would this incident affect your trust in centralized exchanges? š
#Bitget #CryptoNews #Bitcoin #Ethereum #CryptoSecurity
Bitget has confirmed unauthorized transfers from some of its hot and warm wallets, with approximately $351.6 million in assets affected.
š“ Withdrawals have been temporarily suspended
š¢ Trading & deposits remain operational
š Bitget says its cold wallets remain secure
š”ļø The exchange says its $464M+ User Protection Fund covers the reported loss.
On-chain activity reportedly involved ETH, USDT, USDC, BNB and AVAX being moved across wallets.
The investigation is still ongoing, and Bitget says it will publish a full incident report.
ā ļø Crypto lesson: Exchange security risk is real. Never ignore custody and risk management.
Would this incident affect your trust in centralized exchanges? š
#Bitget #CryptoNews #Bitcoin #Ethereum #CryptoSecurity
