1 hour ago

Bitget Withdrawals Resume in Phases After $388 Million Exploit

TLDR: Bitget reopened BTC withdrawals on the Bitcoin network at 08:00 UTC on September 28 as scheduled. The September 24 exploit drained about $388 million, the largest reported crypto theft this year. The attacker used a flaw in a third-party security product to obtain high-level internal credentials.  The Bitget User Protection Fund, holding 5,500 BTC, [...]

The post Bitget Withdrawals Resume in Phases After $388 Million Exploit appeared first on Blockonomi.

Source: Blockonomi →