Crypto Hacks Cost $422M in Two Weeks Across 12 Incidents
- —Crypto losses hit $422 million across 12 incidents in two weeks
- —Bitget lost $87.5 million via a third-party software exploit, not stolen master keys
- —The Bitget breach has been linked to the Lazarus Group
- —Magic Eden, D'CENT, Meter and MetaMask Staking were also affected
Why it matters: Attacks through third-party vendors and libraries undermine custodial security models, forcing exchanges and users to rethink asset protection.
Source: Crypto Economy
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