Binance joins hunt for Bitget hackers after $351.6M exploit
- —Binance security team has been assisting Bitget since the attack was detected
- —The breach was identified on September 24 and hit Ethereum, XRP Ledger, BSC, Base and other networks
- —Bitget's $464 million protection fund will cover losses, about 76% of the reserve
- —The exploit is the fifth-largest CEX hack ever and the biggest of 2026
Why it matters: Rival exchanges teaming up against hackers speeds up fund recovery and limits contagion risk for the market.
Source: BeInCrypto RU