#BitgetBreachForgedRequestsNotStolenKeys
Bitget Breach: Keys Were NOT Stolen?
Bitget says attackers did not obtain private keys. Instead, they compromised a wallet backend and used forged transaction data to trigger the authorization process.
Initial reported impact: $351.6M
Updated figure: $387.5M
Cold wallets: reported unaffected
Withdrawals: temporarily suspended
Investigation: ongoing
The key lesson for crypto security: protecting private keys isn't enough if the transaction-approval infrastructure can be compromised.
#Bitget #CryptoSecurity #crypto #BinanceSquare
Bitget Breach: Keys Were NOT Stolen?
Bitget says attackers did not obtain private keys. Instead, they compromised a wallet backend and used forged transaction data to trigger the authorization process.
Initial reported impact: $351.6M
Updated figure: $387.5M
Cold wallets: reported unaffected
Withdrawals: temporarily suspended
Investigation: ongoing
The key lesson for crypto security: protecting private keys isn't enough if the transaction-approval infrastructure can be compromised.
#Bitget #CryptoSecurity #crypto #BinanceSquare
