🚨 BREAKING: $351.6M Bitget Hack & Asset Freeze! 🚨
Major updates shaking the crypto ecosystem:
1️⃣ Bitget Exploited: Crypto exchange Bitget confirmed a major breach draining $351.6 million from hot wallets. CEO Gracy Chen assured users that all lost funds are fully covered by their $464M+ User Protection Fund.
2️⃣ Issuers Step In: Tether and Circle acted quickly, freezing $318,000 in stolen USDT & USDC linked to the exploiter addresses.
⚡ Takeaway: While central authorities can pause stablecoin addresses, key security remains vital. Always secure your assets in cold storage!
What’s your stance on stablecoin freezes during exchange hacks? Let’s discuss below! 👇
#CryptoNews #Bitget #Security #BinanceSquare #BTC #Web3
Major updates shaking the crypto ecosystem:
1️⃣ Bitget Exploited: Crypto exchange Bitget confirmed a major breach draining $351.6 million from hot wallets. CEO Gracy Chen assured users that all lost funds are fully covered by their $464M+ User Protection Fund.
2️⃣ Issuers Step In: Tether and Circle acted quickly, freezing $318,000 in stolen USDT & USDC linked to the exploiter addresses.
⚡ Takeaway: While central authorities can pause stablecoin addresses, key security remains vital. Always secure your assets in cold storage!
What’s your stance on stablecoin freezes during exchange hacks? Let’s discuss below! 👇
#CryptoNews #Bitget #Security #BinanceSquare #BTC #Web3