๐จ Bitget Reports $351.6M Security Breach
๐ฅ Crypto exchange Bitget reportedly suffered a $351.6 million hack, with preliminary investigations pointing toward suspected North Korean-linked attackers.
๐ Circle and Tether have frozen stablecoins connected to the stolen funds, potentially limiting the attackersโ ability to move the assets.
๐ค Binance is also assisting Bitget, with its security team reportedly working on recovery efforts.
โ ๏ธ The incident highlights the importance of exchange security, on-chain monitoring, and rapid coordination after major crypto attacks.
๐ Could faster cooperation between exchanges and stablecoin issuers help recover more stolen crypto?
#Bitget #CryptoHack #CryptoSecurity #CryptoNews
๐ฅ Crypto exchange Bitget reportedly suffered a $351.6 million hack, with preliminary investigations pointing toward suspected North Korean-linked attackers.
๐ Circle and Tether have frozen stablecoins connected to the stolen funds, potentially limiting the attackersโ ability to move the assets.
๐ค Binance is also assisting Bitget, with its security team reportedly working on recovery efforts.
โ ๏ธ The incident highlights the importance of exchange security, on-chain monitoring, and rapid coordination after major crypto attacks.
๐ Could faster cooperation between exchanges and stablecoin issuers help recover more stolen crypto?
#Bitget #CryptoHack #CryptoSecurity #CryptoNews
