BitGet

Crypto exchange Bitget has increased its estimate of losses from a recent hack to $387.5 million and announced a plan to restart user withdrawals. The revision makes it one of the larger exchange security breaches in recent years. Traders are watching closely for details on the withdrawal timeline, compensation arrangements and how the exchange intends to cover the shortfall.

Crypto exchange Bitget has reportedly suffered a breach worth more than $387 million, with North Korean hackers facing scrutiny over the incident. The alleged theft ranks among the larger crypto security failures in recent memory, renewing attention on state-backed hacking groups targeting digital asset platforms. Details about how the attack was carried out and what Bitget is doing to recover funds remain limited.

Roughly $183 million disappeared from a Bitget exchange wallet, prompting fears among users that the cryptocurrency exchange may have been hacked. Bitget, a major crypto trading platform, has not been clearly confirmed as breached, but the sudden movement of funds set off alarm across crypto communities as users rushed to assess the safety of their holdings.

Crypto exchange Bitget has increased its estimate of losses from a recent hack to $387.5 million and announced a phased timeline for restoring customer withdrawals. The revised figure makes it one of the larger exchange security breaches, and users are watching closely to see whether the payout schedule holds and how the platform compensates affected accounts.

Crypto exchange Bitget has suffered a security breach with losses reported at $387.5 million, one of the larger incidents to hit the industry. The company says its plans for an initial public offering remain on track despite the attack. Details about how the breach happened and whether customer funds were affected have not been fully disclosed, and observers are watching closely for the exchange's response.

Crypto exchange Bitget has increased its estimate of losses from a recent security breach to $387.5 million, while pressing ahead with plans for an initial public offering. The revised figure is drawing attention because it puts the incident among the costlier crypto security failures, even as the company signals confidence by continuing its listing plans.

Crypto exchange BitGet says funds stolen in an ongoing security breach are nearing $400 million. The company disclosed the figure as an apparent milestone in its assessment of the incident, making it one of the larger exchange hacks in recent memory. The unfolding breach is drawing wide attention across the crypto industry, with observers watching how much was taken and how BitGet responds.