Bitget reveals attack path behind $387.5M breach as Bitcoin withdrawals restart
price
Bitget attributed the roughly $387.5 million breach to a compromise of its Ethereum hot-wallet implementation, which allowed attackers to manipulate transaction logic and transfer assets. The exchange said it identified and contained the attack, restored wallet controls, and resumed Bitcoin withdrawals while continuing recovery efforts. The incident highlights persistent exchange-side custody and software risks, but it does not indicate a compromise of Bitcoin’s protocol or network.
DYOR - Single Source
This feed has limited sources. Do your own research before making decisions.
Sources (1)
AI Research
AI deep dive is generated automatically for verified feeds.