#BitgetBreachForgedRequestsNotStolenKeys
🚨 Bitget Breach Update: Forged Requests, Not Stolen Keys!
Crypto exchange Bitget recently suffered a massive $351.6 million security breach. However, CEO Gracy Chen confirmed that private keys were never stolen.
Instead, hackers infiltrated a backend wallet system, spoofing transaction data to push fake withdrawal requests through normal authorization channels. Think of it like slipping forged paperwork right through a teller window.
Cold storage remains entirely safe, and Bitget’s $464 million user protection fund completely covers the loss. While withdrawals are temporarily paused for security checks, trading and deposits continue normally. 🛡️📉
What are your thoughts on this backend attack vector?
#QNTRises39%
#CFTCUpdatesGuidanceOnTokenizedAssets
#NYAndPolymarketSueEachOther
#Nadeemgujjar143
@Hani Era @aasho @HK七匹狼
$BTC
$BNB
$ADA
🚨 Bitget Breach Update: Forged Requests, Not Stolen Keys!
Crypto exchange Bitget recently suffered a massive $351.6 million security breach. However, CEO Gracy Chen confirmed that private keys were never stolen.
Instead, hackers infiltrated a backend wallet system, spoofing transaction data to push fake withdrawal requests through normal authorization channels. Think of it like slipping forged paperwork right through a teller window.
Cold storage remains entirely safe, and Bitget’s $464 million user protection fund completely covers the loss. While withdrawals are temporarily paused for security checks, trading and deposits continue normally. 🛡️📉
What are your thoughts on this backend attack vector?
#QNTRises39%
#CFTCUpdatesGuidanceOnTokenizedAssets
#NYAndPolymarketSueEachOther
#Nadeemgujjar143
@Hani Era @aasho @HK七匹狼
$BTC
$BNB
$ADA
