šØ BITGET SECURITY ALERT ā $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.
š Bitget says user balances remain protected
š° Protection Fund: $464M+
ā Withdrawals are being resumed in phases
š 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 ā exchange or personal wallet? š
$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.
š Bitget says user balances remain protected
š° Protection Fund: $464M+
ā Withdrawals are being resumed in phases
š 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 ā exchange or personal wallet? š
$RED
$QNT $PROM
#Bitget #Crypto #Bitcoin #Security #CryptoNews
