News
Bitget Hack Details: How Fraudulent Approvals Enabled $387M Theft
The post Bitget Hack Details: How Fraudulent Approvals Enabled $387M Theft appeared first on Coinpedia Fintech News The Bitget hack has turned into a much bigger security incident than the exchange’s first…
· 1 min read · 141 words · via Coinpedia
Wire briefing
The post Bitget Hack Details: How Fraudulent Approvals Enabled $387M Theft appeared first on Coinpedia Fintech News The Bitget hack has turned into a much bigger security incident than the exchange’s first estimate suggested. Bitget now says attackers stole $387.5 million from its exchange wallets on September 24, while withdrawals remain suspended and the company says its protection fund covers the loss. Mandiant and SlowMist are investigating. CEO Gracy Chen suspects North …
Source: Coinpedia. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.
GetFreeBit earns a referral commission when you register via our verified partner links at no additional cost to you.