✉news TechnologyCybersecurity first seen 1 d ago, last 10 h ago, peak #6
Bitget Raises Hack Loss Estimate to $387.5 Million
Original: Bitget Raises Hack Estimate To $387.5M And Sets Withdrawal Restart Plan
Crypto exchange Bitget has increased its estimate of losses from a recent hack to $387.5 million and announced a plan to restart user withdrawals. The revised figure makes it one of the larger crypto security incidents, and users are watching closely for details on when withdrawals will resume and how the exchange plans to cover the shortfall.
Why now: The sharply revised loss figure and pending restart of withdrawals directly affect Bitget users and crypto markets.
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