✉news TechnologyCybersecurity first seen 6 h ago, last 45 min ago, peak #21
Bitget Raises Hack Loss Estimate to $387.5 Million
Original: Bitget Raises Hack Loss Estimate to $387.5 Million, Sets Phased Withdrawal Timeline
Crypto exchange Bitget has increased its estimate of losses from a recent hack to $387.5 million and announced a phased withdrawal timeline for affected users. The revised figure is significantly higher than earlier assessments, drawing attention across the crypto industry as users await details on when they will regain access to their funds.
Why now: The sharply higher loss estimate and withdrawal plan directly affect users of one of the largest crypto exchanges.
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Evidence
- Bitget Raises Hack Loss Estimate to $387.5 Million, Sets Phased Withdrawal Timeline · finance.biggo.com
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