✉news TechnologyCybersecurity first seen 9 h ago, last 57 min ago, peak #11
Bitget Hit by $387.5 Million Security Breach
Original: The Daily: Bitget hit by $387.5 million security breach, and more
Crypto exchange Bitget has suffered a security breach valued at $387.5 million, according to reporting by The Block, making it one of the larger exchange security incidents in recent memory. The breach is drawing attention across the crypto industry as traders and observers assess the scale of losses and how the platform will respond. Details on the cause and any compensation plans remain limited so far.
Why now: The sheer size of the reported loss is renewing debate over exchange security and customer fund safety in crypto.
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