Bitget exchange hacked for $387.5M via zero-day exploit in third-party security products
- —Losses from the Bitget breach are estimated at $387.5 million
- —Attackers exploited a zero-day flaw in third-party security products
- —The incident hit crypto exchange Bitget
Why it matters: A hack of this size will weigh on trust in centralized exchanges and could accelerate withdrawals to self-custody.
Source: Google News (crypto query)
More on this
Security · Sep 30SlowMist links Bitget hack activity to Aug. 31 zero-day exploit
Security · Sep 28Bitget says hack was its first security breach in 8 years, traced to third-party software
Security · Sep 30Bitget CEO Gracy Chen Says Scammers Posed as Investment Firm to Target Her After $387.5M Hack