🚨 Bitget Hack: $388M Stolen
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CST Times
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The Bitget hack affected around $387.5M, according to Bitget.
The attackers reportedly exploited a vulnerability in a third-party security product, obtained internal credentials, and used them to send unauthorized withdrawal commands.
Bitget says cold wallets and user balances were not affected, while withdrawals are being restored in phases.
I broke down how the Bitget hack happened, what was affected, and the latest withdrawal status on CST Times . com :
👉 Read the full breakdown Scan the QR Code:
The incident is another reminder that crypto security depends on the systems connected to an exchange, not just the wallet itself.
#Bitget #CryptoSecurity #CryptoNews #Bitcoin #Binance
The attackers reportedly exploited a vulnerability in a third-party security product, obtained internal credentials, and used them to send unauthorized withdrawal commands.
Bitget says cold wallets and user balances were not affected, while withdrawals are being restored in phases.
I broke down how the Bitget hack happened, what was affected, and the latest withdrawal status on CST Times . com :
👉 Read the full breakdown Scan the QR Code:
The incident is another reminder that crypto security depends on the systems connected to an exchange, not just the wallet itself.
#Bitget #CryptoSecurity #CryptoNews #Bitcoin #Binance
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