Bitget Crypto Exchange Hit by $350 Million Hack
· Business · Financial Times, Bloomberg, Reuters
The Bitget cryptocurrency exchange suffered a security breach resulting in the theft of $350 million in digital assets. Investigators are examining how the hackers breached the platform's security controls. The incident ranks as one of the largest crypto exploits in recent months. The exchange has not yet announced a full recovery plan or named the perpetrators.
Why it matters
The massive breach exposes vulnerabilities in digital asset security and threatens user funds on major trading platforms.
Read the original report — Financial Times
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